Indiana

For Whom Conseco Tolls

By Abdul Hakim-Shabazz

As lawmakers try to figure out a way to address the Capital Improvement Board funding shortfall, I have a suggestion to help them out, privatize Conseco Fieldhouse.

We already know that it costs $15 million a year to run the Fieldhouse, at least that’s what the Pacers and the Capital Improvement Board are telling us.  And since neither entity can afford to run the place, why not just bring in a third party.

Mayor Greg Ballard’s office has been looking for privatization opportunities for a while and this would be something that would definitely put their efforts on the map.  

If Indiana can get a few billion bucks for the Toll Road,  the city should easily be able to get a few million bucks for Conseco and have someone else pick up the operating costs.  

And for those of you who say a private company is already running Conseco and can’t afford to keep the doors open, then maybe it’s time to get another private company to take over.

Your thoughts.

Full post as published by Indiana Barrister on April 08, 2009 (boomark / email).