Did you attend the meeting earlier this week on Monday night (December 27, 2019) where over $9,000,000 bonds were the subject of discussion?
A very big number, that wasn’t so clearly presented in the agenda. Do you know what the money is for, where it is going?
Written in a formalized bureaucratic style, which is basically impossible for normal people to read and understand, it is not clear what the money is for, where it is going, or other basic financial questions. This isn’t bookkeeping 101.
In line with municipal bonds they appear to be connected to road work, or some other improvement. But it would be nice to know exactly, in regular people speak, what it is for, or came from, or going to.
Transparency.
As Upper Saddle River mayor and council continue to refuse to live stream their meetings, and the extremely kind and generous volunteer from another town – who has been live streaming for USR for over 2 years – was not in attendance, the VAST majority of residents haven’t got a clue what is going on. And more than likely aren’t interested. Except this is a whole lot of money. Taxpayers money. Your money.
From the town that promised new beginnings with Vision 2020. Which is now in day 2. Noticed any changes?
From the mayor and council that allowed the developer Toll Brothers to create and continue – unchecked – an environmental disaster in the Orchard Ridge Preserve (aka Apple Ridge, aka The Preserve) that lingered for 700+ days. With no penalties. And then probably said thank you to them for what they actually did.
If you want an answer to what the $9,000,000+ was about there is another meeting tonight – The Reorganization Meeting – where among reinstating everyone in their positions, filling some new ones, and other business maybe you will hear about the money.
Or the live streaming.
Or you can ask.
I do agree that once again our Mayor and Council has absolutely no idea on how to best communicate with its’ residents. It would have been a great deal easier if they stated in the agenda for the meeting that, “it is common practice in communities such as our to take individual bonds that were issued from multi years to package them into one new bond to benefit from the low interest rate.” Not a big deal.
Exactly. Transparency is always a good goal.