Clarksville, TN Online: News, Opinion, Arts & Entertainment.

Topic: required public referendum

To the Clarksville City Council: “You have the cart before the horse!”

December 23, 2008 | Print This Post

 

clr-clrksvl-city-council-logoToday’s special call city council meeting is poised to consider a resolution approving a lease with a private entity and the city for development and operation of a city asset. The city will incur debt to finance, in part, this enterprise. Our City Charter has specific requirements for this type of enterprise, which, it would appear, are being ignored by our city leaders.

Some questions for the council before they vote on this measure, if you please.

1.) What are the terms of this lease agreement?

2.) How long will Mr. Batts be required to actually operate the marina?

3.) What is the projected time frame needed for the city to recoup the $32 million dollars of leveraged debt underwritten to pay for the creation of the marina and the redevelopment of Fairgrounds Park?

4.) Why are  these details not listed in the published version of the council meeting’s agenda?

5. Where is the public referendum required by the city charter when the city enters into an enterprise where the city’s credit has been utilized? «Read the rest of this article»

 


Personal Controls

Archives