Monday, November 29, 2010

Mayor Stewart-- bonding now for NBPD HQ saved taxpayers $1,000,000

Frank,

If one reads this press release all I am trying to say is that if we had waited like the council suggested, it would have cost the city more than a million dollars more in interest costs. The financing mechanisms used for this project have been quite timely and hesitating and delays will cost us money. The title for the article in the Herald was done by them not me as some seem to not believe. This release and statement are meant to show people that waiting will cost the city money so continue to make progress and build the HQ and let development take its course.
Mayor Stewart

November 29, 2010 11:36 AM

6 comments:

  1. What many seem to be missing is that these Democrats on the council could care less about a $1 million savings, especially if they can make the mayor look bad in the process.

    It is all a game to them, and they don't seem to care who they hurt in the process so long as it furthers their goal of dismantling anything good the mayor tries to accomplish.

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  2. Why the NB Police Department Building Needs to Move Forward...

    ...Now that the City of New Britain has issued $35 million in bonds for the new police department building there is a ticking clock over the project. If the funds are not 45% spent by this time next year 2011 the city (and the taxpayers) will be on the hook for Federal penalties. It is unclear as to why certain political figures are claiming that this project is not open to the public and transparent.

    There is a Committee that was convened with the sole purpose of allowing the Common Council, the City, the Public, and other parties to be involved in the oversight of the project.

    It is even more puzzling that when the NB Common Council representatives, Aldermen Willy Pabon (R) and Roy Centeno (D), brought forth a resolution recommending that the remaining funding (funding that must be spent or risk federal penalties) be released to the contractor the democrats on the council balked at the idea.

    Why are they saying that the transparency of the Police Building Committee is not sufficient? Delaying the building of the police station benefits no one. It does not benefit the tax payers who face penalties if the funds are not used in a timely manner, it does not benefit our police officers who every day must go to work in a run down and insufficient building, it does not benefit our downtown business which also welcome the new police station.

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  3. It only seems to benefit Sherwood and his childish grandstanding.

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  4. TRENTON, N.J.-MERRY CHRISTMAS -The State of New Jersey owes the federal government more than $271 million dollars after canceling a rail tunnel construction project connecting the State of New Jersey with New York City, according to a debt notice from the FTA.

    The letter from the (FTA) Federal Transit Administration's chief financial officer to NJ Transit's executive director demands payment of $271,101,291 by December 24, 2010.

    It's money the government wants New Jersey to repay for work done on the Hudson River tunnel project when Republican Governor Chris Christie terminated the NJ Transit Rail Road tunnel project as costing to much money from New Jersey tax payers.

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  5. We should be so luck as to have a governor like Chris Christie.

    I hope Governor Christie decides to run for President in 2012. He really knows how to put these public employee unions in their place!

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  6. According to the Connecticut Freedom of Information Commission, the town (Plainville) violated Freedom of Information laws by excluding the public from the mediation between the Town Council and Board of Education Nov. 23.

    Doesn't that also mean that holding a council meeting while the doors to city hall are locked on a Friday night would also be a violation?

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