WTOL Editorial: Market not viable, Mr. Mayor - News, Weather, Sports, Toledo, OH

WTOL Editorial: Market not viable, Mr. Mayor

WTOL Vice President and General Manager Bob Chirdon WTOL Vice President and General Manager Bob Chirdon

The Erie Street Market is not making money. At this year's halfway mark, the market is $208,000 short of the revenue projections. 

Not sure why, but Mayor Carty Finkbeiner and the economic advisory staff think delivering 12 percent of a goal is a good thing.

Fortunately, Councilman D. Michael Collins is better at math than these guys are. He knows red ink when he sees it. 

And he also knows something else: It's not the Mayor's money, and it's not council's money. It's your tax dollars that are being wasted.

Only Councilman Collins has stepped up and asked the mayor for a true accounting of the Erie Street Market's abysmal performance.

The mayor doesn't seem to like this. He provided Collins with this lame assessment of the Market.

Collins said "not good enough." He wants a full disclosure of all business relationships affecting the financial performance of the Erie Street Market.

I think that's a great idea. If the Market is really the incredible asset that the Mayor claims, he ought to be able to prove that. It's a simple and fair request, and we should be grateful that Councilman Collins has the courage to ask the tough questions.

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