Monday, August 15, 2016

Nothing like spending more needless money eh Jersey City?

The state mandated and court ordered reval is going to cost Jersey City taxpayers another $5 million dollars as City Council, who haven't yet met something they wouldn't overspend on, will Wednesday approve asking for yet more money on the childishly delayed reval, no doubt because Mayor Fulop wants it.

It's mandated to be done in November of 2017, hey look an election date, and somehow the Fulop Administration who has no interest in it ever happening courts be damned. It has already fallen behind in the timeline. You have to love Fulop mouthpiece Jennifer Morrill who was sent out to pick the scab yet again that despite the courts consistently saying the first reval was done properly and it was Fulop acting childishly (in practically these same words) by making sure Mr. Petulant gets in some kind of imagined last word:

"We have always said this is a tight timeframe established by the state and we are working within that to comply, however, it is important that the best format and practices are followed, which was not the case previously," Morrill said.


Again, yes it was fair whether you think so or not. Anyway the judge decided you have no point there Jennifer and that's the only funny thing about this.

This here Jersey City, this is a hell of a price to pay for Steve Fulop's donor-class staying happy and that is ALL.THIS.IS.REALLY.ABOUT:

If the city's $4 million estimate holds, the cost to taxpayers for the reval will be at least $7.6 million. That includes the cost of the canceled reval ($3 million), legal fees Jersey City has been ordered to pay Realty Appraisal ($115,000 so far), costs for the firm Jersey City hired to defend itself in the case ($450,000 so far) and, to date, $26,954 in interest the city has been ordered to pay Realty Appraisal.

So we're begging $5 million for a job estimated to take 4, yet we're still loaning money to Bruce Rater to develop the Pep Boys site, the city spends money like a drunk teenager, the city doesn't raise taxes because we have such a surplus, so why not bond this out? Why take a high price loan with a quick turnaround payback if the city is only planning on doing revals every 20--30 years at gunpoint? What a poor use of city money.

It's like Donald Trump is somehow running 280 Grove St with his idiot minions with the kind of money decisions being made.

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