As if it weren’t difficult enough to be optimistic about the future of the Railyard Cinema, I just read the latest scoop by Corey Pein in the Santa Fe Reporter’s blog. Here’s an excerpt:
SFR has learned that one of the principals in the company that wants taxpayers to help build a cinema in the Railyard has been charged several times with writing bad checks. . . . A resolution coming before the Santa Fe City Council's Finance Committee tonight would begin the process of issuing a $35.4 million bond to build a movie theater in the Railyard, and authorize the city manager to negotiate with Railyard Co. Why would the taxpayers entrust millions to a company whose leadership includes a man repeatedly charged with failing to meet his financial obligations? Incredibly, despite all the controversy that has surrounded the idea of a Railyard cinema, no one has asked this question.
George Johnson
The Santa Fe Review
