--- In [email protected], "wernerapnj" <[EMAIL PROTECTED]>
wrote:
>
> This issue came up at tonights Council Meeting. They were
unwilling
> to provide the public with the actual complete document.
>
> It was not introduced as an ordinance amending the RA.
> It was voted on and passed as a resolution.
>
> The public had no opportunity to read it or comment on it.
>
> Business as usual in AP. :-(
>
> Werner
>
>
That was very disturbing. I don't know if it is legal to modify or
amend what may be in essence an ordinance (the WRP was adopted via
ordinace but I am unsure if the RA was also) via a resolution. Bruno
said that when the documents were signed then they would be released
to the public. The agreement may be fine, but on the face of what
was disclosed, there are just too many questions. The costs outlined
are simply too low for actual restoration. WHile Johnson said that
they were not meant to be inclusive of everything but only the
intital projects, I dont see (in what was presented) where the total
restoration of the Casino, CH et al is called for. While it implies
that the actual cost of each project must be fully funded prior to
commencement, we are only holding 25% of the initial projects in
escrow. We don;t even know who estimated these costs and if the city
has or will get independent verification of the costs. I don't see
anything that requires full restoration. It may be in there but we
just don't know. An agreement should have been made whereby the
entire costs are estimated (for everything) with a set time
schedule, then based on those costs money is escrowed (or letters of
credit) with SET financial penalities. Also, with regard to default,
now we don;t have it. The explanation doesn;t hold water. They calim
that we now have a "soft trigger" that can be more easily pulled.
That's bs. They simply did not have the backbone to use what was
there before. We had the same arbotration before as we do now which
they herald. And what is this buisness about Asbury Partners not
being satisfied with the City's performance thus far? Did we not
bend over far enough?
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/AsburyPark/
<*> To unsubscribe from this group, send an email to:
[EMAIL PROTECTED]
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
