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30 November 2007 at 9:38 p.m.
I can't wait to see the new plans for the hospital. When will they be ready for the public to view and will something be in the paper?
14 May 2008 at 8:31 a.m.
The hospital had better attract new docs. Have any of you talked to any docs in town lately? Some are retiring, some are leaving, and the ones that are left are not sure they want to take on a few hundred more patients. I know some that are considering early retirement just because they don't want to be completely overloaded.
24 April 2008 at 10:34 a.m.
Granny, your right at this point in time it is a moot point and all this bickering over the hospital is a waste of time. But just a bit over a week ago you and Native were wondering were Stan was and why he was keeping so quiet. Now that he's decided to respond to your taunts, you want him to shut up and accept the fact that the hospital is going to be built??And even tho it makes no difference now, not all of the residents voted for the hospital and the school tax increase. There was such a poor turn out for these issues, that it is hard to say that you won, but even so, you did win and there is nothing we can do now. I'm still not sure how I feel about the new hospital. I hope tho, that it turns out like the wave pool did years ago and afer fighting the mayor on the issue, many people wished it had been built bigger!!
12 April 2008 at 4:31 p.m.
samantha, It's been 4-1/2 months and you haven't responded to the above request. When you do please advise all of us the magnitude of cost overruns associated with the project.
13 April 2008 at 7 p.m.
I think they put an add in the paper on friday that said the date they werer revealing the plans on the new hospital.
13 April 2008 at 11:30 p.m.
On Thursday, April 24, at 6:00 p.m. in the Holiday Inn. Attention Stan: At 6:30, they will open it for public comments. I'm sure you will let them know what you think of it all.
14 April 2008 at 2:45 p.m.
native-Are you going to the meeting? I won't be there, so let me know how it goes-please. Also, please let the whole world know if Stan shows up. For someone who gripes so much, he sure ought to be there. Of course, there are those who like to gripe, but will do nothing to fix what they are griping about. LOL!
14 April 2008 at 4:08 p.m.
Native - I think all of your points are very valid. Almost everyone knows that we need a new hospital and how much better things can be once it is built, all you have to do is walk down the halls to realize it is something out of an old movie. I bet even Stan will be thankful we have it once we get it, but what Stan has done is brought up some very important issues surrounding our ability to pay for the hospital once it is here. Stan has raised a very public issue over creative accounting in a very public forumn. Stan has brought up the point that the hospital went from having a very public annoucement over a one million dollar income to a very quite loss of $288,000. He has also asked why the hospital is rushing a HUD application through with out having a complete financial statement for last year. These are things everyone in the public should know about, but they are left unanswered.
I am sure for Stan it is more than just the taxes on his building because I am sure he won't even notice the extra cost. Stan stressed concerns about the wording of the mill levy, about lack of information and contradicting information. He has been told by hospital officials that the hospital doesn't have to provide certain types of information under the law, and has been refused information in a public forum. Sure he has been told to come on in and sit down so things can be explained, but everyone knows that once things are said behind closed doors it becomes a he/said she/said argument where it would be Stan's word vs. the hospitals. All in all, Stan probably won't be at the meeting. Not because he doesn't feel comfortable, but because he wouldn't get the questions he wants answered there either. I am sure today's paper with the lease-leaseback agreement (not legal in many states) will provide more concern for Stan and many other who believe (and legitimately so in some cases) that the hospital can't afford to build a building of this magnitude with out resorting to off-balance sheet tactics and questionable accounting practices.
I was born in this hospital and so were both of my children, and while I am happy and proud that we are finally building a new hospital after so many years, I too am sceptical about how we will pay for it, and who will be held accountable five years down the road if we can't pay for it.
15 April 2008 at 8:27 a.m.
You're welcome Native - If we can't disagree in a civil manner and work to overcome our obstacles we will never e able to accomplish anything. With any luck you are right that his will be the last hospital that this community will have to build. Building a facility that is expandable and can adequatley grow with the community will be very important, and I have no doubt that this is what the hospital is having designed. At the same time, I will respectfully disagree with you on the point that this upcomming meeting is the proper forum to be discussing concerns about the hospital's lack of proper financial resources. One, the hospital will be focusing on unveling thier project and not defending it. Two anything that will take away from the purpose of the meeting will be seen as a diversion or an interuption and not received well by either the public or the hospital. What would be a proper way for Stan to address his concerns would be to put together a slide slow and have a small presentation shortly after the hospital concludes theirs. Additionally, I think that if he gave the hospital (and the public) an itemized list of items that the hospital could provide responses to prior to his presentation it would allow for a more engaging disccussion. He could provide the list of questions today and the hospital could have responses back to him within a day or two and then those items could be discussed after the hospital's unveiling. This would result in Stan's questions being answered and his concerns addressed and the hospital's presentation not being interupted.
15 April 2008 at 3:34 p.m.
Hey Stan! Are you paying attention? Native and AttitudeAdjustment have some very valid points. Thank both of you guys. It sure wouldn't hurt to ask for answers instead of demanding them. You are shown respect according to the respect you show others.
17 April 2008 at 10:30 a.m.
Gee Stan. you are being awfully quiet here. Where are you?
18 April 2008 at 4:30 p.m.
Altitude/Native/Granny, Are you serious? — The Q&A at this meeting will be just like the democratic debate from the other night. No one will ask anything but watered down questions and the minute Stan or anyone else asks a tough question the hospital will say - “Make an appointment to come in and talk to us.”, “We aren't prepared to answer that.”, or ” We've already answered that (when in fact they haven't).”
This is just more smoke and mirros to divert people's attention from the real issue. People will oogle and ahh and get a tingle from seeing a picture of the new hospital. Simple fact - the hospital is in no better possition (They had a ($280,000) loss last year) to build it today than they were five years ago, they just have better salesman pushing the project who know how to wag the dog.
18 April 2008 at 5:32 p.m.
Good gosh Globe! The hospital is going to be built whether you like it no not. Get over it! Most of us are happy about it. There WAS an election, remember? Let's see–How many of us will stop going to the hospital in Steamboat Springs once we have a new hospital here? Let me raise my hand in the air first.
18 April 2008 at 6:14 p.m.
Are you saying that you currently go to Steamboat just because they have a nicer building? Obviously you don't really care about your health. Is the building working on you or is it the people? The best mechanics usually don't have a really fancy building, likewise, a nice building doesn't mean you will get a good mechanic. When the hospital has to lay off a bunch of workers and/or close their doors because they are in bankruptcy court, I am sure you will have to start driving to Steamboat again, not because you want to, but because you have to.
18 April 2008 at 10:47 p.m.
Globe-Having a new building means they have newer equipment, aren't worrying about equipment breaking down all the time and attracts better doctors, including more specialists. So, yeah, maybe I am going because they have a new building. Maybe with a new hospital here, more people will stay here to go to the hospital instead of going to Steamboat Springs.
20 April 2008 at 5:33 p.m.
Native, You wrote, “Where on earth do you people get your information, the GOB table at the Golden Cavvy? You certainly are not getting it from where you need to get it from.” You also raised the concern that some may think that TMH has been underhanded.
You know that I get my information directly from TMH. Read on for some insight as to statements that my be considered underhanded.1.The DOLA grant that in part funded the street project had to be used last year or it would be rescinded. Not truthful. It didn't expire until summer of 2008 with a renewal option.2.The funding split from the mill levy and the portion from hospital profits would be 40/60. Not truthful it is actually near 50/50.3.Medicare accounts for 43% of our revenue. Not so. Medicare was 41% in 2006, slipping to 34% in 2007. Actually at 12/31/07 it comprised only 22.5% of net patient revenue. 4.On 10/27/07 it was posted that “HUD has tentatively approved the hospital”. I don't think so.5.10/27/07 “While the hospital has lost money in the past, the financial picture today projects a profit of nearly $1million in 2007”. Not truthful. That $1million was later revised to $28,000 and the audit trumped that with a ($286,000) loss, which is right on average for the last 5-years. We all know that TMH made strides during 2007 to reduce operating costs, that's what any new manager of a losing business would do. In spite of those cost reductions the bottom line is still on par with the losses of the last five years. I suspect that the 2007 loss is tied to the 18% reduction in Medicare billing, the source of revenue that is supposed to pay TMH 50% share of the loan payments. It doesn't look good, I doubt that HUD will be impressed. In reality it appears that at least 20% of the 3-mill tax that was for taxpayers 50% share of the new building payment will be consumed just to keep the present facility at a break even point and prevent closing the doors.
21 April 2008 at 7:15 a.m.
Stan-The voters have spoke. We will have a new hospital. If you think the majority of our community follow your comments in this forum, you are sadly mistaken. There are only a few of us who post here. Probably less than two dozen who regularly check this out. There is such a thing in this county as “we the people”. Well, we have spoke. There are people who are more informed than you. Carry on with all your griping. We just plain don't care anymore. We, the people, wanted a new hospital. We, the people, are going to get a new hospital. That is because we, the people, voted for it. It doesn't matter how much you gripe and carry on. It is going to be built.
21 April 2008 at 8:45 a.m.
I don't think Stan's intentions are to ruin the hospital. Nor do I think he wants to keep the people of the county from getting good health care. While I agree with many of both Stan's and the Hospitals/Native's arguments neither side seems committed to a dialogue that is healthy for the hospital or the community. I believe that the elections was a good snap shot of the will of the people, although it doesn't provide a full picture. Yes 2/3 of the voting population voted for the hospital. I believe the election results were approximately 2,500 for the mill levy and 1,200 against, or semething like that. While this is a sizeable victory, it also means that only 18% of the population came out in open support and not a majority of the people, just a majority of those who, as activists, felt they needed to get out and support the hospital. Consequently, a smaller number decided to turn out in opposition of the hospital's plan. One could easily count the vote as not only support of the new hospital but also support in the hospital and their management team, but keeping things in perspective though we need to consider that the hospital spent thousands of dollars on campaigning for the mill levy, and almost no funds were spent campaigning against it, and in politics the team that spends the most money usually is victorious.
And while the people have voted for a new hospital, it is not a blank check. The hospital has a fiduciary responsibility to be open with the public and fiscally responsible. The people do not want a hospital that won't be a good fit for the community, nor do they want one they can't afford. I am sure Stan has been a resident of Craig for more years than the entire hospital administration combined, and as such I am sure Stan plans to be here long after they have all moved away, so I can understand that he is concerned that things are not being conducted as transparent as they should be and as a result we will be getting a hospital that we can't afford.
In conclusion, I believe George Rohrich was hired to do a job, and that job was to get the hospital on the right track. From a financial perspective, these changes don't occur overnight, nor do they occur in just one or two years. Good management can definately improve the odds of success, but does does not always gaurantee a business is going to be a success, because other factors such as the economy and competition play a role. I also believe George was hired to get a new hospital built, and thus far has done more in the last 18 months than was accomplished in the last 50 years to meet that goal. Ultimately there is no gaurantee that any new hospital being built in this country is going to be successful or affordable, all one can ask for is that those in positions of authority plan the best they can plan and be good stewards of the public faith and confidence. In the end all we can hope is, is that Stan is wrong. But if he isn't??????????
21 April 2008 at 7:03 p.m.
In your last three posts you have questioned where my information comes from. In my last post I wrote: ” You know that I get my information directly from TMH.” With regards to that last post let me “walk you through” each of the points.
1.A copy of the DOLA grant I referred to #F06S5072 was provided to me by TMH through the Open Records Act, (ORA). That document had a time of performance of 7/31/08 or it could be amended for an extension.2.The 40/60 funding split was first cited on 9/05/07 by Samantha and several times thereafter on the original Hospital thread. I knew the 40/60 split was untruthful then, but I couldn't get Samantha to admit it, it's all math. Now TMH officials are copping to the real number which is closer to 50/50. 3.My claim that Medicare was 41% in 2006 and 34% in 2007 came from the 2007 Audit of TMH and the attendant notes to that audit, that were provided through a ORA request.4.As for my statement about the HUD preliminary approval, that was an opinion based on some communications with HUD. Native, if you have a substantiating document regarding that approval please fax to, well TMH knows the number.5.The 10/27/07 post about a $1 million profit was from the same Hospital thread. The revision to a profit of $28,000 was posted by Samantha on 3/8/07 on another thread. My claim of a loss of ($286,000) was from the same audit mentioned earlier. So there you have it. All financial data is from TMH. If you or others would like copies. just provide an e-mail or fax #. I don't make things up, I am just repeating info that TMH has provided.
22 April 2008 at 9:37 a.m.
Stan-Your data may be correct, but have you ever considered the manner in which you present it? I don't know about the others, but I hate to be force fed anything. This town desperately needs modern, up to date medical care. I don't believe that anyone in this community would disagree with that. I also don't believe that anyone is doing this to put a feather in their cap. I do believe in the integrity of the members of the hospital board and those who are working to give us all better medical care. I also believe that with a new hospital, many of those who go to Steamboat Springs for hospitalization will stay in Craig. That can only help the bottom line. It only takes a community pulling together to improve things. We should be trying to unite the people in this area to stand behind the hospital instead of trying to tear apart every aspect of this. Have you ever considered the impact you could have if you would work with the powers that be in the medical community instead of trying to pull them apart? Have you talked to the doctors in this community and ask their feelings about this? There is going to be a new hospital. It seems that now is the time to unite and try to improve the bottom line. Instead of moaning about what has been, we should be looking forward to what can be.
22 April 2008 at 10:36 a.m.
Libor numbers not looking good, crude oil hits $120/barrel today, Euro over $1.60. We've got bigger problems then many of you understand.
Libor number means banks are not lending. $120 crude equal 4/gal. gas, 5/gal diesel. Euro at 1.6 means our money is about worthless….less than 2 cents to the dollar.
These numbers mean the cost of construction can go up as high as 50%. Keep in mind that all city and county budgets will need to be re-evauated for fuel costs.
All of this equals inflation on a very large scale which equals less spending which equals less sales tax.
Be careful and wise in all your choices. The average home value showed a drop of 7.7% today, other areas as high as 15.9%. When these numbers adjust in the future, the county will lose even more property tax on top of the loss from Colo-wyo. We are not immuned to the current situation in the financial markets.
I'll say it again…we should have voted in a consumption tax for Moffat County of .5% two years ago with all (ALL) funds going as a direct pmt. to construction and ownership of a new hospital. WE should own the hospital if we're going to pay for it. Owners take much better care of their property.
We've had so many extra workers in town since the Pipeliners were here. The costs of a facility, used by everyone, could be more equally distributed among the people. All of whom would have acess to the facility…..not just property owners….get it?
“The more complicated the problem the easier the solution”……Einstein
22 April 2008 at 10:26 p.m.
It is a county hospital. That means we do own it. It will-as to my understanding-continue to be a county hospital. That means we do own it.
23 April 2008 at 7:11 a.m.
Native-I understand, but I sure hate to see you go. Who else is going to agree with me once in a while? While we do not see eye to eye on everything, at least we keep it civil, which some have a hard time doing. I will stay here, and keep on keepin on, although sometimes it is frustrating that some can not or will not understand the needs of this community. You know that the wheel that squeaks loudest gets oiled. That is all Stan is-a squeaking wheel. It's like I said. The majority of the voters wanted a new hospital. How many of them do you think even read the paper online? Not many. This is the only outlet Stan has.
23 April 2008 at 10:19 a.m.
Native, you tickle the hell out of me!!I've heard (read) you say many times that your done, but you always come back.You should re-read some of the stuff you write. If Stan is a bully, then your a big meanie! YOU are just as forceful in your opinon as Stan is. You BOTH make good points for your sides. You BOTH give us things to think about. If you stop beating your head against the wall on this one, then some might think Stan has won this battle?!!? This forum would be very boring if we all agreed on every issue. What kind of fun would that be. If we all agreed on everything then there would have been no little hidden victory dances over Walmart and many other things we talk about on this forum. So have your little time out and then come back when your ready…………or not!
23 April 2008 at 3:09 p.m.
Granny, Yes TMH is a county hospital, but the county can't enter into any obligation beyond the current year. So, to finance the $42.6 million, they will have to enter into a year to year lease. As with the PSC, that lease will be through a shill corporation. In that case, it was the Moffat County Finance Corporation. The corporation incurs the debt, without obligation of TMH to pay beyond the current years lease amount. The bylaws of the corporation absolve the corporation board and the corporation of any liability. The assumption is, of course, that the hospital will make all the lease payments for 25-years, after which they take title to the not so new hospital.
23 April 2008 at 5:58 p.m.
Stan-It doesn't really matter. The people of Moffat County voted to build a new hospital, so a new hospital will be built. Do you really think griping about it on this forum is going to make a difference? How many people do you think you are reaching here? You are probably reaching fewer than a dozen people. If you really feel you need to reach the masses, maybe you should write a letter to the editor or talk to them about doing a story.
23 April 2008 at 7:10 p.m.
Granny, I was merely explaining the process. Same as buying a house you don't get title till the payments are made. It's the process used to circumvent the law forbidding multi-year obligations, and that is to lease. The shill corporation is actually the owner until all payments are made.
23 April 2008 at 10:47 p.m.
Stan-You are right. After 25 years, it will be a not so new hospital. BUT, it will still be newer than what we now have. The future is only looking better.
23 April 2008 at 11:07 p.m.
lonelyone-It gets tiresome beating your head against a brick wall. Stan posted all his gloom and doom on the hospital thread before the election. Who cares anymore? The vote passed. It is going to be built. Why go on and on and on about it. We are not children who do not understand what building a hospital entails. This is not the first time the citizens of this county have been ask for a tax increase to fund something. It does absolutely go good to rehash this over and over. So, like Native, I am out of here. This is a redundant thread that has just gotten to to be Stan's little soapbox. Everything he posts now is moot. I am really going to enjoy seeing the new hospital and hope to tour it as soon as it is finished.
13 May 2008 at 12:05 p.m.
I know a couple who moved out here not long before all the voting took place. they thought it was a great idea to raise taxes for a new hospital. We are not the same little community we used to be. I was really pleased to see how my property value had went up according to the county assesor. all this for a few more square feet? I don't think it will attract any better doctors. the ones here will staff it up. Don't run to steamboat so fast granny the staff infection has been really bad as of late.
13 May 2008 at 1:53 p.m.
50-I had heard that last year. It isn't only in Steamboat that happens. It is in Denver too. That lady we know in Denver almost died with it.
14 May 2008 at 10:47 a.m.
Let them leave or retire the one everyone likes to brag on misdiagnosed my father for years and couldn't have given a crap less and they were supposed to be friends. if we get new doctors it will be well worth it. because I would rather go to the bear creek vet clinic than let those b@@@##ards work on me I head to meeker now. Wow now that place cares.
16 May 2008 at 12:53 p.m.
I loved the publication that the hospital put out in the paper this morning, it was very informative. I only have one question - The financial page said that TMH had “an outstanding year.” and a “banner year” and “showing profitability for the first time in years” I would just like to know what Stan has to say about this? If you look at the profitability of the hospital you see that it is just as Stan said - Take away the $$ that was received specifically to pay for the new hospital ($1.6 million which just a few years ago would have been considered contributed capital and couldn't even have been called recenue or income) and the interest income on the money that is being used to build the new hospital ($287K) and the tax dollars that was provided by the county($230K) and the hospital LOST -$338,000 dollars last year! How is this an “outstanding year?” or a “banner year” financially? From their core business line they LOST -$338,000. In the Banking industry we call this a bad year. If it weren't for the grants and county support our hospital would slowly be going out of business. If they came to my bank and asked for a loan I would be hard pressed to approve it, as a matter of fact I would probably fired if I did approve it. I know this forum has been the place of a lot of NAY-Sayers, but this is right from the hospital's own publication. I am surprised by the fact that they released this information, but the way that it is presented the average person would think they are doing well - spin city? Anybody with more financial experience outside of banking please feel free to tell me your thoughts.
17 May 2008 at 3:24 p.m.
I can't believe what I read in the TMH sales brochure. Like you said there is no way you can describe 2007 as an “outstanding year” and a “banner year”. Did you notice the fine print beneath the financials? (*Audited figures presented in the TMH P&L format). TMH's CFO (Chief Funny Officer) must think we are all incapable of reading a P&L. The auditors for TMH separated $1,526,019 from profit to “Contributions Restricted For Capital Assets” as it should be and pegged TMH operating profit at a loss of ($286,172) for 2007. The bottom line is, TMH is using their “in house” books to claim a $1.7M profit when their auditors claim otherwise. This is pathetic. Oh, by the way TMH projected a 2008 first quarter profit of $536,114. Actual operating profit for that period was a loss ($131,645), putting TMH on target for a much worse year than 2007.I can't imagine that HUD would be enamored by two sets of books. I wonder which version they received? As for the claims that a new facility will result in a dramatic increase in admissions and resultant revenue, Hud differs in that assertion. They claim that a new facility rarely results in more than a 3% increase. I am truly disappointed in TMH officials, the TMH board and county commissioners for allowing this charade to go on. Tell the TRUTH we can take it.
4 June 2008 at 6:10 p.m.
I have often read these articles but I have never been very motivated to add anything to the conversation. It seems there are already enough people writing comments that anything I could add wouldn't account for much. But today I feel different. Having seen now three CEOs and three CFOs come through our doors I feel I am a relatively good judge of administrative character and I feel compeled to start asking the question “what is our hospital administrators doing?” We have a CFO that has had every person who works under him either fired, demoted, or quite because he fosters a very bad working environment. These aren't slacker employees. These are employees who have been singled out as being some of our best, but because the CFO is incapable of managing his departments, they are treated as scape goats and run off when his policies fail. It isn't just those that work for him, but almost every manager in the hospital has found you can't work with him. Seek out almost any hospital employee and they will tell you how bad of a job he is doing. Many of our department managers don't even want him around their departments because whatever he touches he ruins.
Sadly, our CEO isn't any better. While he is a nice guy to your face we receive almost no support to do our jobs. Yes, Randy wasn't the best CEO, but atleast he supported his staff and gave them the tools they needed to do their jobs. Our nursing staff receives very little education to keep skills current because all of our money is being funneled into the new hospital. They cut corners on maintenance and when we don't pass inspection he blames the department manager and forces him to quit. Neither the CEO or the CFO is being held accountable for their actions and it seems like they don't have to answer to anyone. It seems as if one of them tells a lie and the other will back him up. All through this I would like to know where our hospital board is? They have to see what is going on. They have to know that our administration received the lowest marks ever for employee satisfaction. It is widely known that they just laughed at the results of the employee survey and said they mean nothing.
I am beginning to think that the only reason that the CFO and CEO are being kept around is because our board is so focused on getting the new hospital built that they are willing to overlook negligence and very bad practices because they feel they have invested too much to change leaders at this junction. Many of the managers who see our cash and income reports believe that if they brought in a new CFO they would uncover that we are all being deceived. I read Stan Hawthorns posts and thought he was full of poo until I started talking with our department managers.
4 June 2008 at 6:11 p.m.
Hospital board, I challenge you to look pass the smiles and bull crap our administrators are giving you and come seek out employees and ask them what is going on. The CEO and CFO are telling you one thing and the truth is going untold. Community members, - talk to you neighbor who works here and ask them how moral is. Yes the service is great in spite of lack of leadership. That can be credited to the hardworking people who dedicate themselves to being the best we can. We are doing it without support or leadership.
We all want to see a new hospital built and I am confident that it can be accomplished, but how many individuals' careers and lives will have to be ruined so our CFO and CEO can put it on their resume. They will both be turning the keys of their cars to move away as the new building door key is turned. Their actions show they have little or no regard for their staff or this community. They are looking at outsourcing many of the vital services we perform locally and provide good jobs for dozens of people. The CFO already tried to disastrously outsource payroll to Denver and is now outsourcing laundry services. After that they are looking at outsourcing patient records and billing services. When will it stop? I am also mad now because all of the money I have donated to the hospital foundation is being used to pay our current bills because we are doing so poorly financially. Are our CFO and CEO not accountable to the people who gave a million dollars to the foundation? Are they not accountable to the foundation board for using this money inappropriately?
Again, I ask you all to talk to your neighbor. Ask them to give you their opinion on our CEO and CFO. I think you will be surprised at what you here.
4 June 2008 at 6:12 p.m.
My email is email@example.com
25 June 2008 at 10:26 p.m.
From what I heard today, everything Stan has been saying is correct.
also, HUD does NOT give building permits or permission to start building….this has been confirmed with a call to HUD in DC. If the hospital wants to spend their own money and continue their project without guaranteed funds nobody will stop them. Just because they build doesn't mean any money is coming. (HUD said this).
I'm also aware that the CDP has been asked to send investigative reporters to get this story straight. What about it CDP?
28 June 2008 at 6:23 a.m.
well theres always november
27 June 2008 at 2:24 p.m.
I have a document that, in part, states “The Hospital has paid the HUD application fee (0.15% of the full amount of the proposed mortgage amount or $60,495). Do the math. That equates to a proposed mortgage amount of $40,330,000. Taxpayers were told during the campaign that we would shoulder 40% of the repayment burden or three mills (max. of $1.5 million) on a loan of $42.6 million. Later news releases increased our share to 50%. Now the value of the project has diminished by 5.3%, So, our contribution has again increased!! I wonder what exactly are we going to get?
Perhaps our resident “service excellence officer” can explain???
On another note, the “early preconstruction work” that the was reported to be $1.2 million for grading and caissons is pegged at $1,561,934 on that same document!! Will we ever get to the truth?
27 June 2008 at 4:55 p.m.
no, they don't seem to know the truth. they are so incompetent the truth keeps changing on them.
27 June 2008 at 6:26 p.m.
Stan—Where does this board come from? I don't remember ever voting for them. Maybe my memory is faulty, but if they have been on the ballot I don't remember it. Are they appointed, and if so, by whom?
27 June 2008 at 10:35 p.m.
They are appointed by the commissioners in what seems perpetuity. I addressed this in the past. There is an old adage, employers hire (appoint) in their own image. There you have it.
27 June 2008 at 10:44 p.m.
Oh my God! Heaven help us!
29 June 2008 at 5:19 p.m.
Tomorrow, Mr. J.B. Nathan, C.P.A. with HUD in D.C. will be in town.
29 June 2008 at 5:24 p.m.
I will try to make it when and where?
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