Monday, September 26, 2016
NEWPORT NEWS, Va. – With the candidates and voters poised for the first presidential debate tonight, Democrat Hillary Clinton leads Republican Donald Trump in Virginia, according to a new survey of likely voters by the Wason Center for Public Policy at Christopher Newport University. But Libertarian nominee Gary Johnson is winning support, especially among Millennial voters.
In a head-to-head contest, voters prefer Clinton, 48-38 percent. But among all five candidates who will be on the Nov. 8 ballot, the tally is Clinton 39, Trump 33 and Johnson 15. Green Party nominee Jill Stein and independent Evan McMullin each take 3 percent. The margin of error is +
Isn’t if interesting how council members were jumping up and down about the monthly payment on the $4 million of Countryside Golf Course debt two years ago. Not only did the payments on the 6.25% 15 year loan continue all this time without a peep from a city council member but quietly it is now being “refinanced.” You can call it a 2005 bond if you want to … then you can call your house mortgage a bond too. Ya know how it nibbles at the principal while ALL your hard-earned income goes to interest in the first years.
How much money do you suppose it has cost the city to mow around the perimeter of the golf course for two seasons. The city employees were here all day. The farmer that baled hay said his little tractor burned $400 just in cutting one fairway and his labor was free.
Where is the outrage as the city now is spending $1.5 million for trails and a park. That is slightly more then the repairs would have cost for the golf course two years ago … and no mowing or worries for the city.
At our last neighborhood meeting our CRO explained the reasons for our recent burglaries. He said with all the abandoned buildings it is no wonder. The tennis building has been broken into so many times now he is tired of coming up here. What goes on inside he would not say in mixed company.
TEAR THE TENNIS BUILDING DOWN!
Adding up the interest only paid to date as provided by Ann Shawver director of finance it comes to $1,232,000 rounded down. Now add that to the $4.1 million paid for the worthless property (and why it was a golf course). Now after paying over half the interest on the 15 year loan it is being lumped in with other bonds QUIETLY with council’s permission on Tuesday.
Not a word will any council member say … rah, rah though we are spending $4 million on Elmwood Park for those who live downtown. Dorchester Court neighborhood is getting two hotels and a restaurant, Southeast have homeless peeing in their yard.
Funny how you can get excited about trails and a pavilion after you lose a golf course and your home value plumets. You look at deterioration for two years and forget what you once had. Yes, we are thankful. After all we only lost a golf course, a swimming pool and a tennis building. The realtor called the new patio homes “Cottages at Countryside.” Sounds great doesn’t it?
Posted By Valerie Garner
Categories: Commentary, Finance
Tags: city_debt, Countryside