Remember the City asking the EDC for payment of a $145,000 loan? The EDC did not know anything about any such Loan. None of the Board members offered any explaniation for the City email requesting repayment of the $145,000 loan.
Now we discover the EDC received $250,000 from a developer. This seems to have evaded the annual audit or else buried the item to disguise the transaction.
How does a $250,000 check come to the City and go unnoticed? Like the $145,000 loan, this happened a few years ago, but the records or few. No one is remembering anything.
Sue Alexander, the EDC President and the Water District Board President denies any knowledge of the $145,000 loan. To date Sue Alexander has not responded to this new development of the EDC receiving $250,000. Where did it go? Why no records?
Sue Alexander is runing for re-election to the Water Board. The EDC $250,000 and $145,000 is small potatoes compared to an upcoming $7 MILLION Water Board Bond. Actually they call it a Revenue Note as it does not require a citizens vote, the Board passes a Revenue Note. Sue Alexander has some explaining to do before asking for re-election. Windcrest does not need more suspicious funds of any kind.
No comments:
Post a Comment
Send you comment(s) and the administrator will post them as quickly as possible.