Bond Ballet: A Grand Performance of Confusion, Cost, and Creative Accounting!

Ladies and gentlemen, welcome to another dazzling performance of Frisco’s Bond Ballet! A timeless masterpiece where the city pirouettes around financial transparency, leaps over budget concerns, and performs a breathtaking grand jeté over taxpayer skepticism—all while insisting, with a straight face, that no new taxes will be needed.

Every year, like clockwork, Frisco’s leadership takes center stage to pitch the latest and greatest “must-have” project—this time, a performing arts center. And just like in previous acts, the audience (a.k.a. the taxpayers) ask the same question: Where is the money coming from? But fear not! The City assures us that through the magic of bonds, reallocated funds, and a sprinkle of creative accounting, the show can continue without anyone noticing an increase in their tax bill. Bravo!

But why does this ballet feel so… familiar? Perhaps because it’s a revival of past performances—new costumes, same choreography. Whether it was the stadium, the library, or the latest infrastructure project, the script remains unchanged: Big dreams, vague funding plans, and a promise that it will all work out in the end.  They city just wants you to grab your playbill (or financial statement, if you dare) and settle in for another encore performance of Frisco’s Bond Ballet—where the numbers may not always add up, but the show must go on!

To understand HOW THEY PLAN TO FUND the Performing Arts Center you must first understand what the Frisco Community Development Corporation and the Frisco Economic Development Corporation do and what their funds are for!  Per the City of Frisco website, “Type A (EDC) and Type B (CDC) corporations were created by Texas law to help local municipalities encourage economic development. An Economic Development Corporation (EDC) is a nonprofit entity created to finance new and expanded business enterprises, subject to authorization under Texas law. Texas law defines what authorized projects EDC may participate in and allows for the adoption of sales and use tax to fund those projects. 

Type A EDCs are authorized under Texas law to fund, among other things, manufacturing and industrial development projects and the provision of land, buildings, equipment, facilities, expenditures, targeted infrastructure and improvements that are for the creation or retention of primary jobs for projects such as manufacturing and industrial facilities, research and development facilities, military facilities, recycling facilities, distribution centers, small warehouse facilities, primary job training facilities for use by institutions of higher education, and regional or national corporate headquarters facilities, and certain infrastructural improvements to promote or develop new or expanded business enterprises.

Type B (CDC) corporations, also funded via a sales and use tax, are authorized under Texas law to fund, among other things, the development of recreational and community facilities, including parks, museums, sports facilities, auditoriums, amphitheaters, and concert halls, in addition to all projects eligible for Type A funding or other participation.

Now that you understand the basics of EDC and CDC funding, let’s focus on what Frisco’s Bond Ballet!  City leaders are trying to PITCH a state of the art performing arts center that will bring Broadway Shows.  To get your “BUY-IN” they are using a grand performance of confusion when it comes to the actual cost and how they plan to use creative accounting to pay for it – so you think “IT’S FREE!”

The City of Frisco leadership and the Frisco EDC Bond Propositions are pushing to rewrite the rules of the game allowing them to reroute sales tax revenues meant for Type A (Economic Development Corporation) Funds for Type B (Community Development Corporation) Purposes.  Citizens already voted in the past on how this money should be allocated to both the EDC and CDC so why are they trying to change it now?   IT IS THE ONLY WAY KING CHENEY, TONE DEAF TAMMY, BOBBLEHEAD BILL, and the rest of the council and city leadership can get a Performing Arts Center because they know you “the voter” won’t approve a property tax increase. 

Instead of using EDC money that is meant to keep FRISCO COMPETITIVE and stimulate local economic growth and attract businesses that bring good quality paying careers the city leadership and city council want to use it as their own personal piggy bank to fund their dreams and desires.  City officials are interpreting the local government code broadly, arguing that the performing arts center qualifies as an economic development project.

Let’s pretend a PAC qualifies economic development as the code is written today – then why is the city asking us to vote on Proposition A and B?  When you read both props look at the words we highlighted in BOLD and ask yourself why would they need me to vote on this? 

Proposition A reads “The Frisco Economic Development Corporation is authorized to use proceeds of its sales and use tax, including all amounts previously authorized and collected, for projects related to the proposed center for the arts project, including but not limited to, land, buildings, equipment, facilities and improvements found by the Frisco Economic Development Corporation Board of Directors to be required or suitable for use for the proposed Center for the Arts Project in accordance with section 505.152 of the Texas Local Government Code.”

Proposition B reads, “The issuance of bonds in the maximum amount of $160,000,000 for a City-owned Center for the Arts Project, and levying taxes sufficient to pay the principal of and interest on the bonds.”

By bringing Prop A & B the city can tell you…. IT’S FREE!  When you hear Smart Frisco tell you it’s FREE – it’s NOT!  It is your Sales & Use Tax that funds the budget for the EDC.  That means for every dollar you spend in Frisco, buying gas, groceries, or visit local businesses, a portion of the sales tax and use tax YOU PAY is GOING TO THE EDC!  While tourists spend money, trust me residents spend more here so clearly, we are paying for it! While it may not be a property tax increase when you spend money in Frisco you are FUNDING THE EDC.  The city is asking residents to be the Sugar Daddy for this project.

The latest act by the city, city leadership and the Frisco’s Economic Development Corporation (EDC) starts with taking artistic liberties—not in the theater, but in the way it’s justifying the use of taxpayer dollars.  The city sees this as an open invitation to bankroll the arts center, citing potential economic benefits such as increased tourism and commercial activity.

We would argue that this is a classic case of bait and switch or mission creep—where funds originally intended to boost Frisco’s business landscape are now underwriting a cultural project that primarily benefits a select group.  Truth is we have done very well for ourselves in life, and we live comfortably, but Frisco is getting more and more expensive to live each day!  The city leadership and council care more about Tourism instead of those who live here. Tourism is important but IT IS NOT EVERYTHING!  What happened to Cheney Version 2017 where in his political video he talked about the quality of life for residents? 

Before you vote YES to either of these propositions ask yourself, “If I get laid off and look for another job locally near me could I afford to live on what a Theater Attendant gets paid?  What about a Park Attendant at Universal?”  Face it young kids are not working anymore, and current businesses are struggling to find labor and now we are going to add more hourly labor – how is that creating good quality careers? 

The question remains: Is this a wise and proper use of EDC funds, or is it just a budgetary sleight of hand to avoid putting the full burden on taxpayers? Either way, Frisco residents should be paying close attention. What starts as a reallocation for the arts today could and would set a precedent for future creative interpretations of economic development spending. After all, if a performing arts center is “economic development,” what’s next? A taxpayer-funded roller disco in the name of tourism?  Stay tuned—this show is just getting started. 

In our 15 to 20+ years living here in Frisco, this is the worst smelling project we have ever seen.  They can smell the Shit Stink in Celina, Prosper and probably up to Oklahoma.  The level of dirt our politicians use to cover up key details for this Performing Arts Center project from the public is unconscionable.  In our next blog, we talk about what the city is not telling you!  If it is city-owned who pays to operate it?  Have they inked a deal for a venue operator?  Over the years as the performance hall ages, who is responsible for the UPKEEP and how will we pay for it as it is a city-owned facility?  The 50 to 60 million they plan to raise from donors and corporate sponsors – have any of these deals been locked in?  If now, how do they know we won’t need to bring more money to the table?   How will the local arts community have use of this facility, can they even afford the rental fees to host events there?  How much time will we have on stage if we share it with Prosper ISD?  How does this benefit our local theater group if Broadway shows are always on stage?  Where do those funds come from?  They keep talking about Broadway Shows yet have they inked a deal with Broadway Across America?   Why would you vote to change how funding buckets are used when the truth is THE CITY IS WITH HOLDING DETERMINENTAL FACTS THAT COULD AFFECT YOUR DECISION ON HOW YOU VOTE FOR SOMETHING LIKE THIS.

Pro-Propaganda by Smart Frisco

Welcome to the Greatest Show in Frisco—Starring Your Wallet!  Ladies and gentlemen, step right up! Frisco has unveiled its latest act in the grand circus of civic spending—a $300+ million performing arts center!  That’s right, folks, for the low, low price of just hundreds of millions of your hard-earned tax dollars, we, the citizens of Frisco, can enjoy the privilege of funding a shiny new venue for performances most of us will probably never attend. 

And who’s leading this blockbuster production?  The front line “sales pitch artists” include The City of Frisco and a company called Theatre Project Consultants Inc.  Of course, they are using their friends at Community Impact to deliver messages to mailboxes of 30,000+ residents.  But wait, there is more!  Enter, SMART FRISCO, the newest political action committee in town, whose idea of “smart” appears to be convincing taxpayers that we absolutely, positively must have this arts center—or else the arts police will revoke our cultural credentials, and the ghost of Shakespeare will haunt City Hall!

Who is Smart Frisco?  The website says it is a citizen-driven political action committee dedicated to informing and educating our community about the Center for the Arts Bond Initiative and its role in driving economic development.  We went to the city’s website and looked up campaign finance reports and we found the Campaign Treasurer Report filing which lists Heather Eastburn as the treasurer and their HQ office is a UPS store in Frisco.  Sound familiar?   Just last year Bill Woodard (current council member) set up the Safety-First Frisco PAC against the Frisco Firefighters also HQ at a UPS store? 

We looked up the Smart Frisco PAC on the Texas Ethics Commission website.  First, we searched by the treasure’s name and found NOTHING!  Then we searched by Smart Frisco and found NOTHING!  Then we looked under Active Campaign Filer Lists for political committees with appointed treasures and NOTHING!  Why is it so hard to find out who is behind the PAC and who is financing the PAC?

Smart Frisco recently just posted to their Facebook Page an eye-catching graphic showing a set of tickets that read “COSTS NOTHING CHANGES EVERYTHING!”  The website has the same stylish, eye-catching “PRO-PROPAGANDA” wanting you to “VOTE YES” and telling you “IT WILL COST YOU NOTHING!”  They want you to believe this project would be “By Frisco, For Frisco, and most importantly, IN Frisco!”

The post elicited several responses and questions like who will be paying the annual $6 million cost for theater operations?   Newsflash Frisconians, there’s no such thing as a free lunch!  Ever heard the quote, “one man’s ‘free’ is another man’s tax increase?”  One thing we know for sure is compliments are free, but this arts center sure isn’t! 

Smart Frisco refers to a Community Impact graphic on one post which states the city believes they can raise $50 to $60 million in individual gifts and another $50 to $60 million in corporate gifts.  Then in May they are asking you to vote on a BOND which they claim pending approval, will be for no more than $160 million.  Lastly Prosper ISD has committed $100 million to the project. 

Prosper ISD?  What about Frisco ISD?   Frisco ISD, who is facing a budget crunch, is building their own Performing Arts Center using $43 million earmarked from the approved 2018 Bond.   Remember in 2021, The City of Frisco, Frisco ISD and developer Hall Group entered a partnership to build a “JOINT” PAC at Hall Park.  In August 2022, the city and school district announce they were parting ways and canceling the “JOINT PROJECT PLANS!” 

FRISCO ISD is facing a BUDGET SHORTFALL, which they blame solely on the Frisco voters who did not vote to approve the last bond. Yet they, too, can justify the need to build a $50 million performing arts theater that belongs solely to Frisco ISD even though they are cutting some arts programs. They are blind to the fact that residents are demanding financial transparency on how they have already spent hundreds of millions of previous bond money on things other than what they promised it would go for at the time.  That is a tangent for another blog!

Back to the question: Who is Smart Frisco?  Honestly, we don’t know!  We know the treasure has a mug shot, but we are not sure if that is relevant.  I bet we will learn exactly who Smart Frisco is when they have to file their first campaign finance report.  Remember, you can’t fill a gas tank for free! The purse must be filled to fund a PAC, so we believe the donor’s list will speak volumes on who is holding the marionette strings of the dancing dolls.

Stay Tuned… dropping more soon!

Meet The Candidates: Place 4

In Frisco, there is a permission process for running for office.  What do we mean by permission process?  Let us share: if you are interested in running for city council, you need to let Mayor Cheney know, and he will notify his henchwoman, Lorie Medina.  Medina will then let you know if you have permission and if you are qualified enough to run for office.  Suppose you don’t have the support of Cheney and Medina, otherwise known as the leaders of the established Frisco cabal. In that case, they will make it very difficult for you by turning to their developer friends to fund the campaigns of the “Cabal Approved” candidates. 

How do we know this?  It is what we have been told by several previous candidates who ran for office against the Medina Machine!  If you want to run for office in Frisco, you must have their blessing, and they will give you the “pathway” to the dais of the council.  But first, one must pay their dues, of course, or they will be told, “It’s just not your turn yet!”

It makes you wonder why any rational human being would want or try to run for office in Good Ole Frisco!  Maybe they believe in things like community service and making a difference. Maybe they think local government should be more than a rubber stamp for developers. Then again, maybe—just maybe—they’re the rare type of person who enjoys the thrill of fighting voter apathy that plagues our elections.  Either way, this time around Frisco residents have choices, and it is up to them to get off the couch, stop making excuses, and vote for change.   Otherwise, you will once again find yourself asking why your city council makes decisions without your input.  Remember, you had a chance to care. You just didn’t.  Let’s look at who is running for Place 4!  To be fair, we will go in order of their names on the ballot.

First up is Joshua Meek, whose filing application states he is a Real Estate Professional!  According to his website, he is “Your Local Real Estate Expert” – just what we need, another Realtor!  According to another site, Meek Industries, of which he is the Founder and CEO, they are a diversified holding company with a mission to acquire and grow attractive investments that generate sustainable cash flow.  What?  It does not list any partners, investments they are involved in, etc.

According to his political website, he has attended 133 Frisco City Council Meetings.  Have you ever wondered who is that guy who sometimes wears a baseball hat and sits right behind the podium where everyone speaks to the council – that is Meek.  He was appointed to the Frisco Community Development Corporation Board and has been involved in several notable projects.  It touts he is a community leader, who over the last 14 years served in a variety of Frisco organizations and community positions including, Frisco Chamber of Commerce Board of Directors, Visit Frisco Board Member, member of the Frisco Rotary Club, Leadership Frisco class graduate, and Citizens Police and Fire Academy graduate.

What is Meeks Platform?  Well, it says he wants “THRIVING PARTNERSHIPS” and touts our success is due to those partnerships with DEVELOPERS, school districts, healthcare systems and higher educational institutions.  He goes on to say these partnerships must be PRIORTIZED as we finalize Frisco’s buildout.  Truth is he is the young Cheney who is all about development and developers from what we can tell.

Next up he wants to “Pioneer Innovation” and somehow relates that to public safety.  He believes that integration of technology and artificial intelligence can further enhance the high-quality performance of Frisco’s first responders.  Personally, I don’t think AI can fight a house fire or stop an armed robbery the way our actual first responders can!

Lastly, he wants to “Leverage Economics” and he will continue to lower the tax rate by leveraging the use of sales tax revenue. That way Frisco CDC and EDC are able to create funding sources to help strategically fund parks, projects and attract employers that many other communities.   What caught our attention was his comment “By continuing to invest in Frisco as a destination location” but do Frisco Residents want to be a destination location or a community.  He also forgot to mention the CDC or EDC will fund a big Performing Arts Center that the cabal wants.

Next up Jared Elad whom we have nicknamed “The Beard” from his yellow signs popping up!  His application lists his occupation as a small business owner.  According to his website, he came from a modest upbringing in Tennessee and Oklahoma and got a bachelor’s degree from Oklahoma State University.

He began his career as a Financial Advisor with Merrill Lynch and later worked at Wells Fargo and BB&T/Truist as a Financial Advisor and Vice President. In 2024, he went independent to better serve his clients. Elad is married to Stephanie Elad (FISD Board Member) and has two daughters.  Jared currently sits on the Board of Directors of the Villages of Stonelake HOA.

Jared Elad’s website goes on to say he wants to Eliminate excess spending, Lower taxes, Accomplish the budget, and be Dependable to the community.  Get it ELAD! He touts we need fiscal responsibility with transparency, and he wants every taxpayer dollar spent efficiently, and wants to cut out wasteful expenses with a focus on projects that bring true value to “FRISCO RESIDENTS.” 

Elad’s site also goes on to say he will support Public Safety, and he is dedicated to partnering with Frisco PD and Fire to ensure they have the resources, training, and equipment needed to serve and protect all Frisco residents effectively.  He is for Community Friendly Development & Growth that supports economic vitality while not forgetting that it needs to align with the needs, concerns and wants of “FRISCO RESIDENTS.” 

Lastly, Jared Elad has some cute pet videos and displays his support for Frisco Pets on his Facebook page.  For the pet lovers, he had declared he is for a new pet shelter to ensure the safety and well-being of Frisco pets.  As soon as he displayed his support for pets, the first comment came from an infamous Cabel supporter, Jake Petras, who stated he would also love a pet shelter and asked how we would fund it.  Funny because we have seen many posts where Petras attacks pet people and the idea of a shelter, so we have to assume the cabal has him at work again being their mouthpiece to put other candidates running on defense or at least try!

Next up we have Jerry Spencer, and his application states he is an investor.  He has lived in Texas for 76 years and over 20 years in Frisco.   We could not find a website for Spencer, but we did find a Facebook page, but it was also limited to information.  We sent a message asking if he had any platform ideas he wanted to share for our article.

Spencer responded that he lives on the east side of the tollway in Plantation.  He would like to see Frisco shift the focus from sports, tourism, and being a destination city and broaden our economic base with a much greater emphasis on attracting emerging technology and 21st century industries such as AI, robotics, drone technology, autonomous driving, medical research, etc.  

Spencer would like to also put a focus on regional cooperation with our regional partners in both Denton and Collin County.  He believes Frisco has a Lone Ranger mentality, and he would like to see us have a regional performing arts center where we pair up with Plano, McKinney and Allen.  There are 235,000 people in Frisco, but more than 750,000 in those four cities. The per capita costs of an arts center drop dramatically when spread over four cities.  He said working together would be a better solution.

Next, we have Gopala Ponangi, whose occupation is listed as a Business Owner.  He has lived in Texas for 24 years and spent 21 of those years in Frisco, Texas.  Gopal is married with two daughters and has a pet Shih Tzu named Coco.  He is a small business owner with an emphasis in Digital Marketing for Financial Services and Real Estate. If Gopal’s name sounds familiar it should, as he has served on the Frisco ISD Board of Trustees, Place one.  His website at the time said, “Education is my passion, and I will strive to give my best to our students and the community.”

According to his website for Place 4 City Council, he says he is proud to be an active member of Frisco, leaving initiatives through nonprofits with a focus on Education, Healthcare and the Fine Arts.  His bio states he is the Past Director of the Frisco Economic Development Corporation. He also was a founding Co-Chair of the Mayors Adhoc Committee for the Frisco Indian Affairs which has now taken the shape of the Multicultural Committee under Frisco Boards and Commissions.  He touts on his website how he has served on several committees through FISD.

As for his Vision for Frisco, he would like to focus on more local jobs through smart, responsible growth.  He would also like to see an improvement in traffic and will work to prioritize smart traffic solutions to keep Frisco moving forward.  He is committed to Public Safety and will prioritize funding to ensure our first responders have the necessary resources to protect citizens.

After reviewing Gopal’s website, we had two questions.  First if he is passionate about education then why is he running for city council?  Second, he states he served on a lot of boards which made us wonder how he had the time?   If you investigate his attendance for some of these boards, he boasts about it appears he was absent at 99% of the meetings.  If he can’t show up for boards/committees/meetings, etc. then why would we think he will show up for city council meetings and all the duties that come with that role.

Lastly, we have Sangita Datta, and her application states her occupation as a financial specialist, having lived in Frisco for the last 6.5 years.  We assume Datta is a Frisco Socialite because we constantly see her at events, and she has helped each of our current council members campaign during election cycles.  According to her website, she is committed to making Frisco a better place to live, work, and grow.  Her service journey began in Mother Teresa’s house in Kolkata, where she learned the meaning of life, compassion, and giving back to the community.

Datta’s platform includes promoting economic growth and fiscal responsibility through attracting quality jobs and supporting local businesses, using city resources wisely to keep taxes low, and fostering an environment where entrepreneurs can thrive.   Secondly, she stands for enhancing a family-friendly community life by investing in parks, playgrounds, and community spaces and supporting initiatives that help working parents maintain Frisco’s reputation as a great city.   Hmmm, we have initiatives that maintain our city’s reputation.  Do tax dollars pay for that?  Datta also wants to ensure safety and preserve Frisco’s unique character.  After reading her site, we are not sure how preserving the city’s character affects safety, but hopefully, we have time to learn during the debates.

She believes her experience serving on the City of Frisco Parks & Recreation Board, Ambassador for the Frisco Chamber of Commerce, as Treasurer for the Indian Association of North Texas, and as an Ambassador for the Frisco Inclusion Committee will help her while serving on City Council.  Datta also graduated from the Leadership Frisco, Citizens Police Academy and completed the City 101 programs.

That rounds out your choices for Place 4!  Meeks reminds us of a young Cheney Real Estate mogul in training.  Elad is a marketing genius with “The Beard” and we are excited to learn more about him in the debates. The pet-friendly Frisco will most likely gravitate to Elad because he has openly said he supports an animal shelter.  Gopal is the obvious Cabel plant as he “supports the arts” meaning a Performing Arts Center.  Proof that Gopal is one of the implants in his kickoff photos with Keating and Pelham. 

We would like Gopal to explain his attendance record for previous positions he has held and tell us how it will be different this time.  In our opinion, Datta should be madder than a wet hen that those she supported for years are not showing her the same respect she has shown them over the years.  We need more clarification regarding her platform, and we are concerned her relationships with the current council means she will stay “inline” with what the Cheney Machine wants.  However, we could be wrong, maybe there has been a clear line drawn in the sand of friendship.  As for Spencer, we just don’t know enough about the person or platform to offer an opinion. The Whistleblowers want change – however that comes!  We want independent individuals who will make their own decisions and not follow the gravy train of the current council members.