|
|
|
|
|
|
State report finds fiscal cracks in Albany's 'Egg'
Posted at: 03/01/2013 9:21 AM
| Updated at: 03/01/2013 6:07 PM
By: AP
|
|
|
|
ALBANY, N.Y. (AP) - A state report says the iconic downtown Albany entertainment venue known as The Egg is getting scrambled by red ink and no-show board members.
The Times Union reports that a review of the concert venue by the Authorities Budget Office finds that The Egg is losing money and is plagued by vacancies and absenteeism on its board of directors.
The newspaper reports that one member of the board of directors hasn't attended a meeting in 10 years and has reportedly moved to Florida. Another has missed the last seven meetings.
The Egg is located on the state-owned Empire State Plaza and is governed by a public benefit corporation.
The state report says the venue should be run by a state agency or operated by a professional venue contractor.
___
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
WNYT welcomes a lively and courteous discussion as long as you follow the rules of conduct set forth in our Terms of Use. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Use.
