I believe that if the Administration and it's well trained City Council decide to sell Allentown's water system, there will be a political price to pay. However, if their arrogance prevails, let them consider the following; When the Arena eminent domain vote was put before City Council two years ago, the cost was projected at $80-million dollars. Last week, the NIZ Authority sold $244 million in bonds. The project supposedly will now cost $272-million, close to 400% more than when approved by City Council. If Council approves the water lease at $150-million, how do we know that the Mayor will not actually sell it for 300% less, or $50-million? If there is one lesson that Council should have learned from the arena, it's that you don't sign a blank check, or a blank withdraw slip. If Pawlowski will not agree to second vote, where Council gets to approve the actual lease agreement, it's incumbent upon them to vote no on the first vote.
6 Ekim 2012 Cumartesi
Water War
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I believe that if the Administration and it's well trained City Council decide to sell Allentown's water system, there will be a political price to pay. However, if their arrogance prevails, let them consider the following; When the Arena eminent domain vote was put before City Council two years ago, the cost was projected at $80-million dollars. Last week, the NIZ Authority sold $244 million in bonds. The project supposedly will now cost $272-million, close to 400% more than when approved by City Council. If Council approves the water lease at $150-million, how do we know that the Mayor will not actually sell it for 300% less, or $50-million? If there is one lesson that Council should have learned from the arena, it's that you don't sign a blank check, or a blank withdraw slip. If Pawlowski will not agree to second vote, where Council gets to approve the actual lease agreement, it's incumbent upon them to vote no on the first vote.
I believe that if the Administration and it's well trained City Council decide to sell Allentown's water system, there will be a political price to pay. However, if their arrogance prevails, let them consider the following; When the Arena eminent domain vote was put before City Council two years ago, the cost was projected at $80-million dollars. Last week, the NIZ Authority sold $244 million in bonds. The project supposedly will now cost $272-million, close to 400% more than when approved by City Council. If Council approves the water lease at $150-million, how do we know that the Mayor will not actually sell it for 300% less, or $50-million? If there is one lesson that Council should have learned from the arena, it's that you don't sign a blank check, or a blank withdraw slip. If Pawlowski will not agree to second vote, where Council gets to approve the actual lease agreement, it's incumbent upon them to vote no on the first vote.
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