Privatized Parts?
It took four months, but somebody got the hint. The City of Indianapolis is seeking proposals from private entities to take over the operational costs of Lucas Oil Stadium, the Convention Center and Conseco Fieldhouse.
Mike Huber, head of Enterprise Development for the city says they’ve received a number of inquiries from private companies interested in taking over the operations of the facilities.
Huber says the city needs to find money to operate the CIB and a private company could be the way to go. Huber says it was unclear whether any deal reached would need approval of the Colts, Pacers or the State; saying it would depend on how the agreement was structured.
The city expects to receive a couple dozen proposals before Thanksgiving.
