COLORADO SPRINGS, Colorado — Some Colorado Springs city councilmembers say they won't sign a confidentiality agreement to gain access to certain financial documents about the City for Champions tourism project.
The Colorado Economic Development Commission awarded the city an estimated $120 million over 30 years to help finance projects that include a 10,000-seat stadium and 3,000-seat indoor sports center, an Olympics museum, a new Air Force Academy visitors' center and a sports medicine and performance center.
According to KOAA-TV (http://tinyurl.com/n7wt7xa ), most of the documents are public, but some are being withheld at the request of some businesses or investors that don't want to disclose sensitive information or how much money they could earn.
City leaders insist the non-disclosure agreement is necessary to protect certain proprietary information.
"No one's trying to hide any information," said Economic Development Director Bob Cope. "Again, this is a private proprietary business operation." He said the city would not have obtained the information on investment and other matters without the agreement.
City Council President Keith King said the council should have open access to the financial numbers.
"I didn't sign it and I won't sign it," King said of the agreement. "I'm rather wanting to see an open process on that particular issue."
KOAA said two-thirds of councilmembers told the station they would not sign. Council member Jill Gaebler said she probably would sign to see the information.
The city council and project leaders plan several public meetings on the City of Champions project in the next few weeks. The next meeting is Tuesday at 4 p.m. at the Regional Development Center.
Information from: KOAA-TV, http://www.koaa.com