A highly instructive Dan Schroeder report which highlights the public risk of the Ogden Fieldhouse Project
In the midst of an otherwise slow news day, we have a very special treat for our gentle Weber County Forum readers this morning.
Regular WCF contributor Dan Schroeder has been doing some serious gumshoe work, and has submitted to us a quite remarkable document pertaining the the Ogden Fieldhouse Project. Dan has carefully sliced and diced the December 29, 2010 Health & Leisure Advisors Ogden Fieldhouse Feasibility Study, conducted at least one telephone interview with the President of H&LA consultants, performed a few calculations and produced the following report and analysis, the product of which we are now delighted to present, for the enlightenment of our WCF readership:
(It's our understanding that Professor Schroeder has also submitted this document to Ogden City and Weber County officials.)
The document speaks for itself; so we'll skip our usual tedious summary and re-analysis, except to generally note that Dan's report exposes the weakness of some of the fundamental assumptions underlying the H&LA Feasibility Study and highlights the public risk of this project (possible downside, -$1.4 million/yr.). We're putting this up in raw form, but nevertheless invite our readers to chime in with your own comments and observations relative to this new and highly instructive Dan Schroeder document.
Don't let the cat get your tongues... there's much in Dan's newest report which merits even more thorough WCF reader discussion.