Friday, January 23, 2015

'Edison will ask voters to borrow $18M to rebuild James Monroe'

Just saw this piece in the Star Ledger here. Well, you knew that was going to happen. They need $28 million to rebuild the school and insurance company is standing at $9 million.

So, they'll fight that out in the courts but, in the meantime, they're planning to hold a special election for the $18 million referendum on March 10, 2015.

Not for nothing, but typical Board of Mythomania Bond Referendum Ambush! What, that's a whole month and a half notice?!?

You can see the quotes from, Super Dr. Richard 'Looking for the Exit Ramp' O'Malley as well as Board President Veena 'Out to Lunch' Iyer both a tad bit off point.

But hey, my favorite is Council President Bob 'See No Conflict' Diehl - he never met a school budget or bond referendum that wasn't to his liking.

So, I gotta defer judgment on this proposed referendum until we can see what's in this proposed $18 million bond referendum and how the numbers work out . Made the request today and will let you know when I know.

Anyhoo, it's good to know the Board of Mythomania has a back-up plan in case we, the voters, turn it down.

'In the event that the voters do not approve the borrowing plan, the Edison school district has a backup plan. The township of Edison can borrow money on its own, which the district cannot do. District officials have approached town leaders, asking to go out for a bond on their behalf if the taxpayers vote down the referendum. The township council would need to approve the bond, but it wouldn't be subject to a town-wide vote.' 

Don't you just get a kick out of their confidence going into this latest Bond Referendum Ambush? Bet they're wishing they achieved those Board Goals of reaching out to the public - instead of failing to achieve Zilch, Nada, Nothing on all 5 goals to open up the closed club over there on Mythomania Lane.

Anyhoo, this should be interesting to see how this plays out here in Downtown Edison - if one-hand washes the other and both hands pick your pockets again.

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