Sunday, February 15, 2015

$25,000,000 in Bond Issues will Appear on University City April Ballot

At the last University City council meeting on Jan. 26th, the City Council, in a divided vote of the usual 5:2,  placed two bond issues on the ballot for the April 7, 2015, election.  This was in spite of the fact that there was no public engagement on the issues presented, at least two — or more — members of Council had not been informed by the City Manager of his interest in considering bond issues prior to January, and that no report was issued by the City’s Financial Analyst and no legal opinion was issued by a Bond Counsel (attorney).   A check with the City Council minutes on recent bond issues proposed by the City Council showed this to be the first time the vote to place the bond issue on the ballot was not unanimous.  There will be one bond issue for $20,000,000 for streets, sidewalks and alleys, and a second  $5,000,000 bond issue for parks improvements. 

     On Jan. 5, 2015, the City Manager and his Staff held a City Council Study Session advertised as “Capital Projects, Streets and Parks.”   You had to completely read through the Pavement Parks presentation (the link sent to us on Dec. 30th) to understand that we might be considering bond issues, but there was no notification that we would be making any decisions about whether to put the bond issues on the City Council agenda for the first session in January as we did by “consensus,” where two of us declined to agree to the consensus (this could really be considered a vote — a vote without the notice to the public required by the Sunshine Law).



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