The events center promoters call their group “Say Yes for Grand Junction,” but a “no” vote on the proposed events center doesn’t mean you are saying “no” to Grand Junction as a whole. Far from it.
Grand Junction residents aren’t shallow or selfish. They put a lot of thought into their votes, and there’s a lot to consider with this measure, particularly given Grand Junction’s dire financial position and long list of other needs.
Promoters say the events center, known as Measure 2A on the citywide ballot, will cost $65 million to build, but their own press release and the wording of the ballot measure both say that, including the financing costs over its proposed 30 year term, the total cost to taxpayers for the event center will actually come to $134 million. Fully half that amount is interest the City will have to pay on the loan needed to finance the project. That’s twice the amount we’ve been told about in promotions for the project, and while it’s the more realistic total estimated cost of the project, it’s not the figure event center promoters have been touting.
Also, voters need to consider other information about this project that isn’t being volunteered by promoters, like the potential long term risks of the project.