Editorial: Time to move ahead
…Yes, some voters feel they were duped into approving the original $12 million earmarked for the project in a 2008 parks and recreation bond package.
…And yes, a concept that began as public/private partnership several years ago somehow has evolved into an almost entirely public venture.
…Michael G. Curran, president of the privately built Triangle Aquatic Center in Cary…questioned its estimated $14 million annual economic impact.
"I'd be surprised if you did half that amount," he said in an interview.
The Triangle facility generates $5.3 million in economic impact from 35 events annually.
As for operating costs, Curran also offered words of caution. "There's just a lot of things in a business plan you just don't think about," he said.
"I am surprised at what's being built in Greensboro, and what is being presented," Curran said of the estimated operating budget of $652,000.
"It makes no sense to me the numbers I'm seeing projected and what we've done here. I just don't see them being met."
Sunday, December 20, 2009