From the Borough’s “Bond Ordinance”:
The project was good for the students, athletic
programs, and the community.
But the process behind it should concern everyone.
Two years later, the public should be asking
themselves the following questions:
1) Why did the Lodi Mayor and Council borrow
$2,000,000 (before the project began) when it “shall not exceed $1,400,000?”
2) Why didn’t the “Agreement” specifically
state the Borough’s interest in financing a project that is almost exclusively for the
BOE?
3) Why didn’t the “Agreement” clearly define
the amount to be paid by each party and the BOE's payment schedule?
4) Why should Lodi BOE be exempt from the
referendum process?
