Saturday, November 1, 2008
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The purpose of this blog is to provide the author, Jay Moreno, with an outlet to comment upon items of socio-political and socio-economic import in Camden County, Georgia and to generally satisfy a daily compulsion to write. HISTORIC WATERFRONT, ST. MARYS, GA.
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Today's Lame Catoon
About Me
- Jay Moreno
- St. Marys, Georgia, United States
- 66 y/o male, college grad. Bachelor of General Studies with minor in political science, Armstrong Atlantic State University; post-baccalaureate teacher certification program, AASU; Georgia state certified teacher: Middle Grades; Middle Grades Social Studies; Middle Grades Language Arts; Political Science (6-12); and Economics (6-12). Currently pursuing bachelor of Science in Public Administration from College of Coastal Georgia. Navy and Vietnam veteran (Hospital Corpsman, NEC 8404). Former HMC, USNR-R. Various Navy Leadership and Management schools. Disabled, and in a wheelchair since April, 2004, A/C Guillain-Barre syndrome. Eclectic interests.
3 comments:
this is one of the sources st marys govt used to float the ill fated water and sewer bond issue. once again city govt protected the develop and we the tax payers are left with the bill. remember debt svc for the bond issue is close to 300,000.00 per month. every month. that's why we got a tax increase.
Since the PSA floated the bond for the City will they be responsible for helping to pay this money back. St. Marys, what will become of it. LandMar backs out! Land Resource files bankruptcy! There is not development in site, other than the new school. How in the world will they pay all of this debt? The council recently approved the budget at 5.6 instead of the 6.1 needed. They can't lay off anymore of their family members, therefore no jobs will be cut. Again, I ask, How are they going to pay for all of this debt?
I hear that in a show of gratitude for the at least ONE million (if not several) that the taxpayers have spent over the years subsidizing the anemic downtown merchants, the Kiwanians, DMA, et al, will donate to the city treasury all of the proceeds from their various festivals from now until such time as tax revenues increase from slow growth to the level needed to meet debt service and operating expenses. ;-)
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