Youngstown makes money from Covelli Centre operations

YOUNGSTOWN — For the first time since the Covelli Centre opened more than four years ago, Youngstown made money on the operation of the indoor sports and entertainment facility.

The city-owned center ended 2009 with a $153,950 operation profit.

“To post a profit in a very difficult time is impressive,” said Kyle Miasek, the city’s deputy finance director. “The building has turned the corner and the city administration is excited. Hopefully, the community will continue to support it.”

In comparison, the center lost $541,298 in 2006, its first full year of operating. The center opened in October 2005.

“I believe we made humongous strides in 2009,” said Eric Ryan, the center’s executive director. “We’re very pleased with what we’ve accomplished in 2009. I think we can get better. We’ll keep working at it.”

For the complete story, read Thursday’s Vindicator and Vindy.com