News The Power & White District is doing good

**Iowanian** · 07-19-2010, 02:43 PM

Quote:

Originally Posted by billay

Yup so much money that it needs subsidies from the city. Reading is your friend.

How much is the city bringing in with sales tax on concerts, food and drinks in the area, in addition to property taxes on those facilities in P&L, and other ancillary income from fuel tax, hotel tax, permits, parking tickets etc?

Titty Meat · 07-19-2010, 02:52 PM

Quote:

Originally Posted by Iowanian

How much is the city bringing in with sales tax on concerts, food and drinks in the area, in addition to property taxes on those facilities in P&L, and other ancillary income from fuel tax, hotel tax, permits, parking tickets etc?

Apparently not much if the city is having to pay 10-15 per year.

**Iowanian** · 07-19-2010, 03:46 PM

Quote:

Originally Posted by billay

Apparently not much if the city is having to pay 10-15 per year.

I think you have shit in your pants, but that's only because it's near where you keep your brains most of the time

Titty Meat · 07-19-2010, 07:26 PM

Quote:

Originally Posted by Iowanian

I think you have shit in your pants, but that's only because it's near where you keep your brains most of the time

Comig from a man who lives in a trailer park in Iowa this means alot.

**Saul Good** · 07-19-2010, 04:18 PM

Quote:

Originally Posted by billay

Apparently not much if the city is having to pay 10-15 per year.

That was always going to be the case. The P&L is basically bringing in as much money as they could possibly hope to bring in. The city knew that it was going to have to subsidize it because of the overwhelming nature of the project.

Normal bars don't have to pay to build parking garages and redo streets in addition to paying their rent. I just listened to an interview with the Funk, and he said as much. He know going in that this was going to happen.

You can give a kid $1,000,000 to build a lemonade stand and tell him to pay you back the money over 30 years, but he's never going to sell enough lemonade to pay the bill. Even if the kid has 50 people in line 24 hours a day, the math just doesn't work. That doesn't mean that the lemonade stand isn't doing well. It just means that the expectations were ridiculous.

Mojo Jojo · 07-19-2010, 04:35 PM

Quote:

Originally Posted by Saul Good

That was always going to be the case. The P&L is basically bringing in as much money as they could possibly hope to bring in. The city knew that it was going to have to subsidize it because of the overwhelming nature of the project.

Normal bars don't have to pay to build parking garages and redo streets in addition to paying their rent. I just listened to an interview with the Funk, and he said as much. He know going in that this was going to happen.

You can give a kid $1,000,000 to build a lemonade stand and tell him to pay you back the money over 30 years, but he's never going to sell enough lemonade to pay the bill. Even if the kid has 50 people in line 24 hours a day, the math just doesn't work. That doesn't mean that the lemonade stand isn't doing well. It just means that the expectations were ridiculous.

Funny thing Saul...when I posted that the numbers and payback were wrong from the beginning, and most people knew they were unrealistic. You got on my case for questioning the P&L...while all I was questioning was the bill of goods sold to the public. Now you post, and it backs up what I said. Pick a position dude.

**Saul Good** · 07-19-2010, 04:36 PM

Quote:

Originally Posted by Mojo Jojo

Funny thing Saul...when I posted that the numbers and payback were wrong from the beginning, and most people knew they were unrealistic. You got on my case for questioning the P&L...while all I was questioning was the bill of goods sold to the public. Now you post, and it backs up what I said. Pick a a position dude.

link?

Mojo Jojo · 07-19-2010, 04:40 PM

Quote:

Originally Posted by Saul Good

link?

http://chiefsplanet.com/BB/showthrea...=230835&page=4

**Saul Good** · 07-19-2010, 05:02 PM

Quote:

Originally Posted by Mojo Jojo

http://chiefsplanet.com/BB/showthrea...=230835&page=4

That post had nothing to do with the numbers being unrealistic. That post said that it's been great for the city, and I stand by that. The city went into this knowing that they were going to have to subsidize some of it. That doesn't make the district a failure.

The city is much better off now than it was 5 years ago. Without the P&L, this city doesn't sniff an All-Star game. Without the P&L, this city isn't even in the discussion for hosting a World Cup event.

The P&L District and the Legends Shopping Center are 2 of the best things this city has to offer.

The Chiefs and Royals both suck, and they are located out in the middle of nowhere. (How sad is it that they are on the short list of "positives" for the city.

Worlds of Fun and Oceans of Fun are fine, but they are in the middle of nowhere.

The casinos are fine, but they are in the middle of nowhere.

The Plaza is cool.

What else is there? If you take away P&L and the development going on around the Legends (Cabellas, Great Wolfe Lodge, Dave & Busters, the Speedway, Community America Ballpark, the Wizards' Stadium, Nebraska Furniture Mart, Chateau Avalon, Schlitterbahn, Shopping, Dining, etc.), you are left with an arena with no tenant in the middle of a ghost town, and a bunch of marginal activities (Plaza notwithstanding) in the middle of nowhere.

It is unfathomable to me that, out of everything that Kansas City has done wrong over the years, that you are trying to call out the Legends and the P&L district as failures.