"YOUR WILDEST DREAMS" moody blues
I got my electric answers sorta answered after last nights council meeting. More questions to ask.
Seem instead of calling this post Your Wildest Dream should have been a song about borrowing and re borrowing moneyv I mean a note.. Still paying for the apron in front of the fire department, Argonne Dr. street repair along with still owing money on our Fire Beer Truck [Special Rescue Vehicle) . Along with many more.
So why Your Wildest Dreams? Council approved a note, loan for $100,000 for Painesville's share of Main St. "streetscape" total of $133,000 the $33,000 will come out of the city street improvement fund. Get used to that chuck hole in front of the house.Now we will spend over $892,000.00 for two blocks of Main St. I figure around $1,500.00 per ft. Councilman Flock asked if the city knew what the city's return on investment was? Seem no one had an idea. Well Andrew both north sides of the block are owned by the county. Election Board, Auditors Office and the other block Heath and Human services. My best guess is Zero on the northsides of both blocks. No one will visit these county building unless they have to. The county pays no property taxes so improvement made will not be bore by them, along with no added property value to our schools. Now after this project is completed will the property owners lower or raise lease costs? I see very little benefit for Painesville. Painesville needs to become an incubator for new enterprises. Low overhead is what most new business start-up look for.
The finance director gave his end of the year finance report. At the start I had a hard time following along, then I realized the graphs we're from right to left instead of left to right. Anyone know a reason to do it this way?
Going to a council meeting never fails to bring us something new. At last nights meeting Councilman DeLeone looked at the Channel 12 camera and wished his wife a Happy Anniversary? How cute. So now come to a visitor's time at a council meeting a wish a loved one Happy Birthday, Anniversary, say hi to the kids anything until the Council-President blows a gasket. Even Hal on his best day was never this unprofessional.
This is the best I got , see Sandy if you want more.
posted by terminator1 @ 12:34 PM
7 Comments
7 Comments:
but then Hal wasn't hand picked by our very proud council president.
Yes, that is one of the things I came to realize about this city about fifteen years ago -- we never pay off anything. We just keep refinancing and refinancing and refinancing. Things get rolled over and into other things, and everything gets refinanced and refinanced.
If someone really looked at the books, they would probably see that we are still paying on things from twenty years ago, and that we have paid interest on it all those years, instead of just paying the darn thing off.
If someone ran a house the same way they run this city, the house would be bankrupt. But then the house would not have an endless supply of taxpayer money, would it?
Someone needs to seriously look into the origins of some of the loans, and just how it is that that same loan is now still on the books. It will probably take a forensic lab to figure it out.
7:29 Yes some know how all this works but few care. It would be interesting just to know how much Painesville has spent on property west of RT.44? Notes has a nicer ring than loan.
Reminds me of a neighbor that switched credit card to stay one step ahead of default or lower loan rate.
Now the city has got so well at doing this it borrows from itself?
The elections over Term. Your boy didn't win and Mr. DeLeone did. Yet you won't let it go.
2:00 The same post would have been written if any candidate won including Mr. Tibbits. had done the same thing. It was about being a professional.
I just don't believe some of these people realize they are elected board of directors members of a 75 million dollar plus business.
One thing most of you don't get to see on channel 12 is reaction of other council members. All have a "tell" of some kind to let you know what was done or said didn't meet with someones approval. I am willing to bet Mr. DeLeone was told not to do that again.
How do you figure DeLeone was hand picked? I seem to remember him coming around door to door, meeting the residents and listening to their concerns. Then there was something called an election where the one with the most votes WINS. I agree with the above person. Murphy didn't win. You threw out Tibbits name too, another one of your posse buds. The people spoke, the best man won now someone needs to build a bridge and get over it.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home