By: Libi Uremovic | Original Article at patch.com
The Workshop consisted of more Developers than Citizens. And the bond Profiteers Finance Consultant Rod Gun, Bond Counsel McFarlin & Anderson, and Tony Weatherby, who is not listed on the Area 7A1 bond.
Beaumont City Manager repeated the same gobbly goop about ‘pioneering’ and ‘we build the infrastructure first’.
19C went Bankrupt and was bought by Lehman Brothers
“Pay As Your Go” in Beaumontville is the amount charged beyond Interest and Premium payments and Administrative Fees
Bond Salesmen have worked on numerous bonds, but haven’t been paid in two years.
The “$11 Million for Portrero Overpass” is actually Caltans money. The answer to where the bond debt and mitigation fees collected for Portrero and other roadways was gobbly goop.
The answer to where is the $2 Million in Prepaid Mello roos was gobbly goop.
The answer to where is the Millions collected from bond debt and mitigation fees for the fire stations was gobby goop.