Columbia, SC — As a retired banker and commercial lender for decades, I look at the proposed baseball stadium project from that same perspective. What is your business plan? What are your assumptions? On what are they based?
The “pass it and find out later” mentality is the purest indicator of incompetence imaginable. I am appalled at Mayor Steve Benjamin’s strident arrogance in making such an undeveloped proposal to the citizens of Columbia.
I do not oppose baseball or an appropriate multi-function venue for ballgames and other activities. The absence of a plan is the issue.
This has to be analyzed as a business transaction, justified by comprehensive review and structured in a way that benefits the city economically and pays for itself. To do otherwise is a dereliction of duty. The citizens’ tax dollars, fees and other tax revenue pay for all the city does. Responsible stewardship for responsible endeavors should be the watchwords of any governing body.
William Barksdale Jr.