Without discussion or public comment...
The bond issue is rolling through "without," as the article in the Advocate notes "discussion or public comment." That's as it should be--the decision to go forward was made directly by the community during the July 16th referendum two years ago; the council's proper role on this issue is to execute the will of the people.
The introduction of the ordinance this week is a means to expedite the passage of the ordinance as soon as final conditions are set by the bond market after next week's trip to New York by the LUS/LCG personnel who will make their presentation to a group of major bond brokers. (Say a little prayer for the home time--if the bond agents' conditions are favorable it could mean a huge interest savings for the people of Lafayette over the life of the bond issue.)
The introduction of the ordinance this week is a means to expedite the passage of the ordinance as soon as final conditions are set by the bond market after next week's trip to New York by the LUS/LCG personnel who will make their presentation to a group of major bond brokers. (Say a little prayer for the home time--if the bond agents' conditions are favorable it could mean a huge interest savings for the people of Lafayette over the life of the bond issue.)
Labels: Advocate, Construction, Lafayette, Local


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