How come last night;s BOND vote wasn't the leading story in the ITEM (I don't know whether or not they buried it in the back, I can't afford it and they no longer make it available FREE online), well I can think of 92 MILLION reasons why.
What started off as a total project cost of 69 Million (I think I remember hearing that) jumped quickly to 84 then to 90 and finally to 92. The cost is going up so fast the secretary who typed the neasure that was passed a last night;s meeting couldn't even keep up. Part of what was voted on said 90 MILLION and the other part said 92. Always a stickler for details, COUNCIL PRESIDENT PHELAN assured everyone that the ACTUAL number was 92.
WAIT A MINUTE! WHAT HAPPENED TO US OWING 35 MILLION?
You see that is our 20 % that is closer to being 40% and that is a reimbursement of ALLOWABLE expenses and they are the ones that determine what is allowable and what is not. Our cost could actually change without really changing the 20% match.In the beginning we have to be good for ALL of it! Do you understand? Oh yeah, it's not ALLOWED,
Oh well, we do have a DEBATE tonight on LYNNcam. Maybe someone will call in and ask how all this MATH works?
I can't wait for an answer cause I am always eager to learn!
It is extremely unfortunate that city and school officials have handled this project and bond the way they have. As always, the lack of transparency has been and is an issue. The public should have been kept informed with accurate information and figures throughout the entire process. As a result of the lack of transparency, some taxpayers and residents have lost whatever faith and trust they had remaining in our city and school officials. That said, the bottom line is taxpayers and residents of Lynn need to know and understand that this school must, and will be built, regardless of the outcome of the bond vote. What the vote will ultimately determine is how much the city and taxpayers will pay for it to be built...$36ish million or $92ish million. It really is that simple. I vote $36ish million!
ReplyDeleteAll is not lost. We are better off in the long run without going this route.
DeleteSetting ourselves back on the list for the right plan, will set things straight for the next 80 years.
You are right LORI except for the part where you are wrong. Who knows how much we are going to pay? They have either LIED to us or worse maybe, DON'T KNOW. We should pay for good schools, it is the best investment we can make, We should be given all the facts and allowed to make the RIGHT decision. Otherwise our schools are teaching our children you can't get by on the truth/
ReplyDeleteAmen Stan!
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