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Slick Salesman
First introduced to us on February 10, 2015, Hector Samario told us that he wants a lot of money from the City of Lake Worth. Everyone heads to Lake Worth when they want to save us from ourselves. Is there some list being passed around directing people to come here?
The city manager has been working with Siemens behind the scenes like they are the 2nd coming of Christ, no kidding, and now has them on tonight's agenda under New Business J. City Manager Bornstein has a dream to take Lake Worth into the 21st Century.
The total cost of the project to the City is projected to be $32.5M and the city has to get the approval and closing of a Bank of America equipment lease loan to pay for the equipment and installation costs of $23M. Once funded, the monies will be deposited into an escrow account from which the City will make draws to pay Siemens and make the direct equipment purchases. It seems that the city will be spending nearly $3 million on over 4,000 LED streetlights, $5.5 million on solar panels at our landfill, close to a million on new a/c units, etc. and hold on to your chair, they will be spending right under $13 million for advanced metering infrastructure that includes new smart meters, meters they say aren't really smart meters (that was for the Mayor's benefit) but they are. We just replaced meters.
Siemens wants us to know that the contract does not constitute a debt, liability or obligation?? With Siemens' implementations, such as vending machine sensors at 3 buildings, no kidding, they say we will save money. If the agreed upon energy goals are not met, Siemens pays the shortfall that now will be a 15 year contract. We will have an annual cash flow of $210,666 a year for 15 years on a debt that isn't a debt of $23 million depending on the street light contingency. Wow!
*The City must reasonably permit SIEMENS to control and/or operate all building controls, systems, apparatus, equipment and machinery necessary to perform the Work, subject to CITY operational requirements. In other words, Bornstein wants to turn over the whole enchilada.
This city administration, once again, is going around the people. This time it is $23 million dollars. Have you ever heard of anything quite like it? The city commission can vote you, the taxpayer, into 15 years of commitment by simply voting yea and something that the city manager wants them to do. If they can't get it from a referendum, they will get some of it by at least a 3/2 vote perhaps more. Think about all that power they have over your money on improvements that will be outdated in five years and need constant care and maintenance. We have a big problem just thinking about the word "maintenance."
We have attorneys who really should be advising the city commission on things that could go wrong but the city attorney who is appointed by the commission does what the city manager wants him to do. Do we really need all these "improvements" and spending millions? If anyone on the dais has the slightest doubt tonight, please vote it down. If not, should they all be recalled?