SEC to question official over Wenatchee arena debt
Saturday, February 16, 2013
WENATCHEE, Wash. (AP) — The U.S. Securities and Exchange Commission wants to question a former Wenatchee city official over the city's handling of financing for an events arena.
Wenatchee Mayor Frank Kuntz says the interview is tentatively scheduled for mid-March. The former city employee was not identified.
The Wenatchee World reports (http://is.gd/ovlYkq) that the SEC's formal investigation into the 2008 arena financing began in late last December when the regulatory agency took testimony from a member of the city's staff. That staff member was not identified.
In late 2011, the Greater Wenatchee Regional Events Center Public Facilities District defaulted on nearly $42 million in debt, tied to the 2008 construction of the publicly-owned Town Toyota Center.
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Information from: The Wenatchee World, http://www.wenatcheeworld.com
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UPCOMING EVENTS
Friday, May 24
BNI Wenatchee Valley Friday
Smitty's Pancake House, 7 a.m.
Monday, May 27
Conquer Your Fear of Public Speaking - Toastmasters Meeting
First United Methodist Church, 5:30 p.m.
Tuesday, May 28
Toastmasters
Chelan County PUD Auditorium, 327 N. Wenatchee Ave., 7 a.m.
Tuesday, May 28
Alzheimer's Association Caregiver Support Group
Lake Chelan Community Hospital, 1:30 p.m.




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