My commissioner had some wonderful words of wisdom at last night's meeting. During part two of the discussion session, an agenda item was about floating a bond. John Bendel said that it has never been a better time to float a bond. In order to float a bond, the commission must have four votes. Kristen Linfante was quite vocal about floating a bond. She wanted to know if there were four votes. Matt Kluck does not want to float a bond, so that meant that Kelly needed to be the fourth vote. The problem is that they have no plans. Kristen wondered if they should float a bond with nothing designated for the bond. Great plan. Later in the meeting, Kristen said that the high school renovation was a perfect example. We waited forever and ever, board after board, and now we have a big number.
I have some questions. Wasn't the first renovation plan approximately $150 million? Didn't we float the bond around two years too early? Because of poor planning and not doing their homework, didn't the school board end up going to court because of zoning issues? Weren't we faced with our first change order because the soil that was bad in 2007(?) was still bad in 2012?
Kristen, are you going to approach this the same way you talked about the high school renovation? No facts. No plans. Just go up to the microphone and say how we must have this renovation. The time is right. Just dig it.
Are we going to be like this? The New Normal: Municipal Bankruptcy
Click here to listen to the second half of the discussion session.