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11-12-2012, 01:48 PM
  #547
CGG
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Join Date: Jan 2005
Location: 416
Country: Canada
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Quote:
Originally Posted by CasualFan View Post

Beasley created a "per project" scheme where he paid contractors amounts under $50k so they wouldn't have to be reported instead of the ethical practice of "per initiative" contracts. Basically, if you performed a $300k service for the city, Fast Eddie allowed you to invoice 6 separate projects at $50k each so your contract didn't have to be approved by council. He also allowed brokers to perform services and receive payments beyond scope of their RFPs.
This is awesome. And obviously the answer to Glendale's prayers. Why waste all this time trying to approve a $320 million AMF? Do it the Beasley way - just reduce it to a series of invoices for one day's worth of arena management fees. One year at $15 million is only $41,095.89 per day, well under the $50,000 threshold. The city council doesn't even need to approve it!!!

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