The mayor and Reibling both state that the Fairgrounds have a “cumulative revenue loss of $3.6 million” over the past five years. We do not accept this figure as accurate, but for the sake of this argument let’s say it’s correct. That comes out to be about $700,000 per year. So using their own figures, why does the mayor and Reibling think it’s such a hot deal to lease Hickory Hollow Mall for $1 million per year in an attempt to replace the Fairgrounds Exhibition space? And then spend another $5 million in the future to actually purchase the building? We (the people) already own the Fairgrounds and all of it’s buildings!
I’ve been clear in the past that I am suspicious of the moves to close the Fairgrounds, not fully agreeing with the Mayor’s minions on the plan. This article offers a fairly complete analysis of the reasons why the move to close the fairgrounds isn’t resonating with me. Check it out.