Sunday, February 22, 2009

American Bank Center, Biggest Local White Elephant?

The American Bank Center was touted as being an economic engine for the area. It has done so to a degree by booking many popular shows and events which have helped contribute to the local economy. This has come at a price however. According to news reports the city has lost $11.1 million since 2004. And the losses climb each month. This is a losing proposition for the city.
This just reinforces the notion that the city just can't get anything right!

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