I was interested to see how city council handled the $100 million certificates of obligation issue so I watched the video of the meeting.
The city manager repeatedly made the point that “there’s no story here”. He kept telling council that if someone was to make a “report” there is “no story” since all of the money was approved “years ago” and thus there is “no story”
He was evidently trying to tell council that they had nothing to worry about with the voters not liking the issuance of the $100 million in bonds.
I believe that there is a story here.
He, city staff, and city council knew that they were going to need to issue the certificates of obligation but kept that quiet while the $413 million bond issue was being considered by the voters.
A more honest group would have told the voters that the $100 million would be brought at their first opportunity after the bond election.
We deserve better