UPDATE: The Star's Brendan O'Shaughnessy has an online report confirming what I reported earlier would happen at this evening's CIB meeting. O'Shaughnessy writes:
The Capital Improvement Board reversed course today and voted to keep most of the proceeds from the auction of seats and other items in the RCA Dome that will be demolished later this year.
The CIB originally planned to allow two nonprofit groups, the Indiana Sports Corp and Indianapolis Colts Foundation, to run the sale and retain the proceeds. But public reaction to the plan was negative and sparked a lawsuit claiming that the more than $1 million expected from the auction should be returned to taxpayers who financing the construction of the Colts stadium.
Now, the CIB plans to allow the Sports Corp to keep a fee of $200,000 for running the massive operation of taking out, selling and delivering the seats, aisle signs, pieces of cloth from the roof and even urinals from the Dome. The field turf, which will be mounted in pieces on plaques for $60 each, and lockers are Colts property and not included in the new agreement.
Bob Grand, the CIB’s new chairman, said the CIB staff could not handle the task of organizing the auction in the short timetable available. He said he hoped the change would satisfy the public and head off the lawsuit.
The CIB still maintains that the field turf and the lockers are Colts property and not included in this new agreement. I would still like some clarification on why the turf is not the CIB's property given that news reports three years ago indicated that the CIB purchased the new turf field. Hopefully, the CIB will provide a better explanation to the public to clear up that matter. The Ballard administration should be applauded for reversing course and imploring Grand to take the action he did at this evening's board meeting. The Star editorial staff should also be applauded for first drawing attention to the issue. It is unclear whether the pending lawsuit will be dropped in light of today's action by the CIB.