Seriously, the Board of Mythomania sends out a letter trying to take credit for the insurance money at Election time and highlighting that they will use NO Bloated Bond Referendum Money - and that the $19.6 million dollars will cover the entire construction costs!?!
Wow, that's great except for the fact that, according to their filings with the state, the construction costs were $23.7 million and other allowable costs were $4.4 million for a total of $28.1 million. It's that number less the $9.5 million in insurance proceeds or $18.6 million that they used for the Bond Referendum.
Now, maybe it's me, but if their cost was $28.1 million and the insurance proceeds were $23.6 million, doesn't that mean that we still have to pay $4.5 million - or was it just yet another Bloated Bond Referendum.
Either way, it's a joke on the People of Edison and so is this letter.
If this letter doesn't tell you that we have an ineffective board in dire need of change, transparency, leadership, oversight over Super Dr. Richard 'Looking for the Exit Ramp' O'Malley and SOMEBODY Looking Out for the TAXPAYERS - nothing will.
Here's their numbers for the $28.1 million Bond Referendum:
Anyhoo, this is what You get here in Downtown Edison when Our Elected Leaders over there on Mythomania Lane - Lead from Behind!