Saturday, January 26, 2013

And the following comments are WHY we should be afraid, be VERY afraid ......

 Gary Strathearn, the city's finance director, said there had been little discussion about how to reopen the budget. The focus has been on the bigger picture — trying to negotiate an acceptable lease, he said.

Some discussions about the budget will depend on how much the city receives for the lease, Strathearn said. Mayor Ed Pawlowski said previously that he hoped to command $150 to $200 million, but the price will be determined in the bidding process.

"I'm a big believer in jinx," Strathearn said. "I don't want to jinx whatever number we get."

OR

Last year, city financial consultants briefed council on how the city planned to fill a potential $500 million gap created over the life of the lease. That plan included a $4.5 million royalty fee.

The city has not been ignoring the issue, Strathearn said. But plans are in pencil, not concrete, he said.

"Do you think we're sitting watching TV, watching Oprah?" Strathearn said.


We CAN Do Better.... www.votealfonsotodd.com





http://www.mcall.com/news/breaking/mc-allentown-state-of-the-city-pawlowski-20130125,0,5331389.story http://www.mcall.com/news/local/allentown/mc-allentown-council-finance-water-sewer-20130123,0,1771513.story

No comments:

Post a Comment