Comment 76843

By RenaissanceWatcher (registered) | Posted May 12, 2012 at 11:47:44 in reply to Comment 76659

Update-

At the May 9, 2012 Hamilton city council meeting, not one councillor pointed out the need to correct the glaring omission in the April 27, 2012 GIC report on HECFI and add the key fact that KPMG recommended negotiating with Global Spectrum/Live Nation and SMG/Forum Equity.

Here is a link to the video/audio recording of the April 27, 2012 GIC meeting on HECFI. At the beginning of the meeting (the 1:10 mark of the recording) City treasurer Tony Tollis clearly states that the KPMG report recommends Global Spectrum/Live Nation and SMG/Forum Equity “…because they are in the best position to maximize future savings in the operation of these facilities.” http://hamilton.siretechnologies.com/sir...

This key part of the KPMG recommendation is nowhere to be found in the Minutes of the April 27, 2012 GIC meeting on HECFI. http://www.hamilton.ca/NR/rdonlyres/8912...

At the May 9, 2012 Hamilton city council meeting, Councillor Merulla (starting at 30:22 of the video/audio recording of the meeting) said the KPMG report recommended “two stakeholders” but he did not mention their names. The only stakeholder Merulla mentioned by name was Carmen’s. Merulla did not address the fact that the written Report on the April 27, 2012 GIC Meeting on HECFI omitted the KPMG recommendation to negotiate with Global Spectrum/Live Nation and SMG/Forum Equity. http://hamilton.siretechnologies.com/sir...

Any Hamiltonian watching the May 9, 2012 Hamilton city council meeting on Cable 14 television would have no idea which two proponents were recommended by KPMG in their $329,000 HECFI report.

Regardless of who council eventually chooses to operate the HECFI facilities, Hamilton city council and staff have an obligation to provide accurate information to the Hamilton taxpayers and they have failed to adequately inform their constituents in the April 27, 2012 GIC meeting written report and at the city council meeting on May 9, 2012.

Comment edited by RenaissanceWatcher on 2012-05-12 12:41:49

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