Below is the latest report on the DDA's push to establish ArtSpace in downtown Cheyenne.

To All:

 

Below is the latest report on the DDA's push to establish ArtSpace in downtown Cheyenne.

 

Here's what we know:  ArtSpace is a PRIVATE REAL ESTATE ENTITY that uses PUBLIC (AKA Y.O.U.) FUNDS for this enterprise.  This entity ends up owning

the property involved in the project and the taxpayer is burdened with the debt.  Local example: Loveland's ArtSpace tab: $8.9M.

 

Here's Channel 5's glossy version minus the facts that might otherwise alarm a disengaged viewing audience.

 

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Note: heavily emphasized to demonstrate the blind absurdity of, (and the destruction of all things private in), public/private partnerships:

 

Cheyenne, WY (KGWN) - Cheyenne's DDA has received the final results from Artspace on their pre-feasibility study after the organization visited Cheyenne in January.

Artspace determined a project in Cheyenne is viable.

The next step is to conduct an Arts Market Survey in Cheyenne by contacting 1,500 to 3,000 artists in the Cheyenne area.
The initial study cost the Cheyenne DDA $12,500.

The DDA is applying for a grant that would cover the $30,000 cost of an Arts Market Survey.

"If there is enough of a population of artists that are interested in that kind of living arrangement, then ArtSpace would consider doing a major affordable housing project and cultural arts center project in downtown Cheyenne," said Christie Depoorter, Executive Director of the Cheyenne Downtown Development Authority.

****DePoorter says the $500,000 in tax increment money it’s losing over the next two years with the move of Cheyenne Light should not affect the Artspace project.**** 

 

 

The never-ending lie continues, doesn't it?  The shortfall will be paid by the taxpayer, isn't that correct Ms. DePooter???_

 

 

Let the TRUTH give witness,

 

Betty S