EDC President and CEO Mike Kazmierski
City officials had previously estimated that the EDC had received at least $1 million in public funds in recent years, but according to city documents, the amount is much higher.
“It’s a significant sum,” said Councilman Sean Paige, who is calling for an audit of funds provided to the EDC by the city and Colorado Springs Utilities.
Here’s the breakdown:
Colorado Springs Utilities
2002 – $200,000
2003 – $200,000
2004 – $200,000
2005 – $240,000
2006 – $240,000
2007 – $240,000
2008 – $182,000
2009 – $192,000
2010 – $240,000
City of Colorado Springs
2005 – $45,000
2006 – $45,000
2007 – $45,000
2008 – $70,000
2009 – $70,000
2010 – $70,000
In 2009, the city also forked over an additional $10,000 to participate in the Operation 6035 Study.
Well. Bill Gates paid $35 million for the right to use the song “Start Me Up” when he introduced Windows 95 with the START button.
The world is not going to know we exist if someone does not tell them and the city is getting paid no commissions on all the business they and the county have chased away to other states!
Stagnate and go broke or spend the money to attract business.
It’s a big game with big numbers and big dollars. You wanna play, you gotta come down off the porch and play with the big dogs.