As stated by Mr. Paar and Ms. Capra during the campaign season, the City of Centerville has 5.5 million in the bank. This statement insinuated there was somehow a savings account.
Apparently the insinuation was incorrect... Go figure!
"Consolidation now would be just as difficult, especially with Centerville's debt," Capra said. It was Centerville's $7.8 million long-term debt that spurred the petition, signed by more than 600 residents, for a state audit of the city's spending. "
"If Lino Lakes absorbs our debt, then that's on the taxpayers of Lino Lakes," Capra said.
Capra is quoted 11/15/2008 in the Pioneer Press
Here
Centerville petition spurs talk of merger with Lino Lakes
The last time around, Lino Lakes officials were concerned about how taking on Centerville would affect its tax base. "They had accumulated a lot of debt per capita," said Sylvia Marier, a Lino Lakes representative on the 1992 consolidation committee. "And we would've absorbed that." Marier doubts enough has changed for another attempt to work.
She's probably right... This blog does not support nor oppose the merger issue. We are dedicated to holding our Centerville City Officials accountable.
Sunday, November 16, 2008
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