On Tuesday morning, the Horseshoe Foundation's going to fork over roughly $5 million smackers to the Great Campaign Finance Monetizer -- but for what?

On Monday afternoon came a breathless e-mail teaser from Develop New Albany:

"Please join us tomorrow for a Major Announcement from The City of New Albany and The Horseshoe Foundation at 10:30 am at the Riverfront Amphitheater."

At first it seemed that Mayor Gahan intended to announce the dissolution of municipal government and the institution of a hereditary monarchy, but then the Green Mouse phoned in.

It's a $5,000,000 donation to the city from Horseshoe. No one will tell me what for, but it's a nice chunk of change, and I'm sure Team Gahan will waste it.

Hmm.

What might the city do with $4,750,000?

a. Remodel the amphitheater into a usable riverside performance venue?

Nah -- that makes too much sense.

a. Get a leg up on the pro soccer stadium.
b. Finish chopping down the remainder of our street trees.
c. Purchase and remodel the Reisz Furniture Building for use as Gahan's new City Hall.
d. Pay off Duggins' bar tabs.
e. Buy out the QRS recycling grounds for a new luxury floodplain development.
f. Now Develop New Albany can hire a full-time staff person.
g. (your choice here)

C'mon -- someone out there knows what's happening. Drop me a line so I can prepare the satire.

Götterdämmerung, as performed at 8th & Culbertson.

In reverse order, here are a few toxic questions to start the day, as transmitted on Twitter.

Readers may refer to "Dan Coffey is right: The UEA is not City Hall’s ATM" for background, and know that yesterday, the Urban Enterprise Association board voted down a funding request to provide money toward the building at 8th & Culbertson. It is rumored that another modified funding request is forthcoming today. More when NAC has time.

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190 days remain until change. Am I the only one detecting hints of desperation and whiffs of Götterdämmerung in the 8th & Culbertson saga? less than a minute ago

What does "Clean & Green" downtown beautification have to do with (a) the corner of 8th & Culbertson, and (b) with the Horseshoe Foundation? 3 minutes ago

The UEA captures statebound $ and uses it. Apart from its perceived value as an ATM, why is City Hall targeting the UEA at this time? 5 minutes ago

If the building at 8th & Culbertson is being viewed as future anchor for the Midtown "renaissance," shouldn't the neighborhood be consulted? 7 minutes ago

If the UEA's participation in the future Landmarks building at 8th & Culbertson was vital, why did the deal's planning go down without them? 9 minutes ago

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