Here we go again with bail outs

Again the Mayor and council have let ratepayers down with the bailing out of the company ruining Baypark, was it not the mayor who told us when we bought the park that it would never need rate payer help?
Trouble was we bought it with money we never had, that is the way they do things, if it had stayed in Bob Clarkson's hands, I bet it would not have lost money, could the Mayor and Council tell us of one thing they have put our rates into that has made money or has not had to have more money spent on it? The hot pool made money till they took it over and double the staff, and will never make money. Why is it that there are a number of Private hot pools around town that make money why don't the council send someone to see how they do it? (abridged)

EK Mills, Tauranga.

3 comments

Its all part of the same problem

Posted on 11-12-2011 13:52 | By Demandthetruth

A QUOTE FROM ROBS LETTER that is of IMPORTANCE "This paints a very sorry picture financially. If these incongruous proposals ever get off the ground, ratepayers will suffer substantial and continuing losses. Having regard to this, Councillors should be fully aware of the provisions of Sections 44, 45 46 and 47 of the Local Government Act, 2002 (enclosed) and that the collective Council and Councillors personally may well be liable for any losses suffered by ratepayers from the investment which is of a wasting nature and funds applied in any purchase may well be deemed to have been unlawfully expended. The warning signs are there and Council and Councillors will, in my opinion, be negligent if they become involved with any financial commitment in respect of this site, to ratepayers detriment." Surely this is a case for the Citizens Monitoring Committee to get its teeth into! Rob is an experienced Lawyer and rightly suggests that Councillors and the CEO (particularly the one who skipped out of TOWN) & His Minions should be held to account by taking them to COURT FOR NEGLIGENCE in mishandling ratepayers money. GUESS WHAT?? Nothing will happen because 90% of voters sit on their dung heaps of apathy and let the PROVEN LEADERSHIP(JOKE) DRACULA'S back into the blood bank time & again. The joke is on you apathetic ratepayers who are either too stupid to realise or do not care!!


INSOLVENT

Posted on 11-12-2011 22:30 | By WARTS N ALL

A letter of 'comfort' from TCC does not change the fact that the company is trading while insolvent. On that bsis it is the director's not TCC that should be providing the bail out!!! When that happens then perhaps a little more care and thought would go into the decisions made.


SPOT THE DIFFERENCE?

Posted on 12-12-2011 08:29 | By ANNA KISSED

Between a bail out like Baypark that is was predictable to all except Council it being an event costing ratepayers $5m despite all the promises at the time and other things that are realy bad like TCAL that cost over $5m a year every year.


Leave a Comment


You must be logged in to make a comment.