|
|
Article: Team San Jose on hot seat: CONVENTION CENTER, THEATERS MISS KEY FINANCIAL TARGETS AGAIN.
- Article from:
- San Jose Mercury News (San Jose, CA)
- Article date:
- September 23, 2007
CopyrightCOPYRIGHT 2007 San Jose Mercury News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: John Woolfolk
Sep. 23--Buffeted by a critical audit and a blistering grand jury report, Team San Jose faces a fight for its survival as city leaders prepare to reconsider whether the non-profit is the best choice to manage the convention center and five downtown theaters.
Team San Jose's latest annual results show that despite continued improvement, it has once again missed key financial targets in its contract. City leaders Tuesday will schedule a December hearing on whether to seek another operator, as recommended by the grand jury.
"That is one of the things we have to consider," Mayor Chuck Reed said.
Reconsidering Team San ...