Metro Finance Director Rich Riebeling said this week there is no cost estimate on the demolition of the property’s racetrack, a course of action that is outlined in a bill nine council members are co-sponsoring. The bill, set for a crucial second of three votes on Jan. 18, would also retain the property’s expo center and annual state fair for at least one more year.Allow me to suggest that taxpayers do not pay Mr. Riebeling to make guesses, no matter how pure.
Riebeling has signed off on the availability of funds for the ordinance.
“I’m guessing that it’s in the half-million-dollar range,” Riebeling said, referring to the track’s demolition. “That’s a pure guess.”
Thursday, January 13, 2011
You would think that the Metro Finance Director would be able to reel off exact budget figures to the press, given that he is set on taking out the Fairgrounds: