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Facts and Articles on Parking and Other Interesting Topics

TOPIC: Family

TITLE: Colts' Stadium Short On Horse Sense

Article:

Colts' Stadium Short On Horse Sense by: Kurt St Angelo

The predominant discussion in the Indianapolis media over the proposed $500 million Colts stadium is how to fund it, not over the wisdom and propriety of taxpayers going into debt to build it.

Apparently the leaders of both major political parties in Indiana have signed off on the concept, including a poor building design, and are content to confine their discussion to who's picking up the tab.

Come hell or high water on White River, Indianapolis Mayor Bart Peterson has vowed not to lose the Colts during his administration. His plan in part is to raise $13 million annually through higher car rental, innkeeper and admissions taxes in Marion County, as well as with annual gambling profits of $46 million from '2

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