I’m going to steal and modify a metaphor that Jim Schutze uses in his column today about the latest shenanigans involving Fair Park and the State Fair of Texas:
Imagine you own a business and you rent an office in a building. Every month you pay rent, and the cost of that rent includes a portion of the building’s overall common area operating expenses, a pretty standard condition in commercial office leases. But what if you decide you didn’t want to pay your portion of the operating expenses? What if, in fact, over the course of a ten-year lease, you never paid those operating expenses? What do you think the landlord would do?
Simple: you’d get kicked out of your space — and probably a lot sooner than the time it took to rack up ten years-worth of unpaid rent. And after you got evicted, you’d probably get sued by the landlord, who, understandably, would want the back rent you failed to pay as part of the terms of the lease.
Now let’s translate that situation to Fair Park and the State Fair.Read More