BORROWING 71 MILLION
It appears that this time they do because the bulk of the new borrowing, about $60 million, will go to the utility fund to cover construction of new and upgraded water and sewer facilities, Seward said. Many of those improvements were mandated by the Virginia Department of Environmental Quality; others are needed to meet the increased demand of the city's growing population.
We can't argue with that and the profit from the new trash pickup plan may assist payments. The rest is for the city hall, our city employees new home away from home. We expect Brown and Bennett to sooner or later scream loudly for the Phoenix Bank restoration. Perhaps they have gone soft. The girls in the old courthouse are happy with their pamphlet racks and free coffee, and are not a tall bothered by tourists. So sort of a peace exists in Suffolk unless you have something on your mind.
6 comments:
The resounding andswer to that question is NO! NO! NO!
They run the city like the Keystone Cops!
While gas and food prices are skyrocketing, council has declared they need a dividend paid by the sharholders of Suffolk namely you and me. Expect more foreclosures, drops in restaurant and hotel tax revenue and another attempt to make it up with fees, charges and fines. This scenario is playing just like Obama being the first black president. We had to experience him before we realized just how bad a decision our country made in 2008. Linda and company go ahead raise as much as you can and we'll see how it plays out in 2012.
If we continue borrowing the city will be so far in debt it will not be able to pay off the debt or have any intention of paying it and we will leave this debt to our children and grandchildren such as the Fed's are now doing.
The Suffolk City Council of Democrats have spoken. Now bow and kiss their ring.
I agree with the simple answer that they do not know what they are doing, but more importantly they just do not care. The second issue is much more important, because we can educate them, but without pushing them out of office we will never get them to care.
Suffolk politicans:Arrogance
A strange disease that makes eveyone sick except those afflicted with it.
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