Thursday, July 24, 2014

Lake Worth is not transparent on the Bond Referendum

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And talking about the City of Lake Worth's lack of transparency, when you go to the city's web site under Elections and Referendums, this is the wordage you get:

NOTICE OF BOND REFERENDUM ELECTION
CITY OF LAKE WORTH Pursuant to F.S. 100.342, notice is hereby given that the City of Lake Worth, Florida, will hold a bond referendum election on Tuesday, August 26, 2014, to consider:Authorizing the issuance of General Obligation Bonds in an aggregate principal amount not exceeding $63,500,000 payable from ad valorem taxes levied on all taxable property in the City of Lake Worth to construct certain capital improvements as set forth by Resolution No. 29-2014 adopted by the Lake Worth City Commission on June 3, 2014.
Polls will be open from 7:00 a.m. until 7:00 p.m. and all qualified electors in the City of Lake Worth are eligible to vote. Polling locations will be the same as those used for the General Election. Absentee ballots may be obtained from the Palm Beach County Supervisor of Elections, 240 South Military Trail, West Palm Beach, Florida 33416, or by calling 656-6200.
  • There is no mention of the term and that you will be paying until year 2049
  • There is no mention of the total estimated cost of $131,013,442.00 MILLION dollars. They took that down from their web page!
So, let us be transparent...why have they removed these significant and pertinent facts?  The answer is obvious:  they don't want you to know about them. Before you buy something, don't you want to know the term and the true cost? They really believe that you're voting yourself into 34 years of debt will turn this city around.  They believe that by putting in the infrastructure in the Park of Commerce, PRIVATE PROPERTY, that builders and business will arrive here in droves and contribute to the tax base.

FACTS:
  • There is NO guarantee that anyone will come to the POC...that's a fact
  • And the other big truth that they NEVER MENTION, is that it will take 50 to 100 years to EVER recapture your taxed investment in the Park of Commerce, if ever.
  • The other fact is, they just want the money and we will never get an accounting. Why do I say that?  Because we have NEVER had an accounting on any money in the past.  It is spent or goes missing.
It's all a matter of TRUST. We  have seen them in action with illegal banners to boot. Why would they appropriate $50,000 dollars to bring forth their one-sided message and use your tax dollars? Why would they tell you that they are asking you to approve this measure as they did in their Newsletter? Why should anyone hand over their sacred "trust' especially when it is going to cost them taxes for three decades when they are hiding sacred truths? No, you run from any salesman who hides the facts and you should run like hell from this bond.

Vote AGAINST new long-term taxes on August 26th.

3 comments:

Weetha Peebull said...

1/2 truths I hear about on FB!
"Will be asked to APPROVE" (NOPE it's FOR or AGAINST and APPROVE IS Misleading!)

The Lawyer told them from the dais they were not allowed to be for or against. They do not give you both options in the description but DIRECTLY ASK YOU TO APPROVE it!

If there's any doubt;
there's NO DOUBT!
Vote Against!

kkss21 said...

Why can't the city just start with a smaller amount and just forget the POC ? We could certainly fix some of the worst roads RIGHT NOW ! Just look at the actions (actions speak louder than words ) of this Commission: Holding the election in August, when nobody is here to vote. Cancelling city commission meetings so that they don't have to listen to the public. Removing the cost and term of the bond from public view. Would anyone buy a car ,or anything else, if they didn't know how much the cost was or how long their payments would last ?This Commission gives used car salesmen a bad name. There is a better way to repair our streets and it does not include taxing ourselves and our businesses out of existence. NO TRUST -NO BOND !

Lynn Anderson said...

BECAUSSSSSSSSSSSSSSE they DON'T WANT TO.

No Trust; No Bond.