July 28, 2010
Gennaro A. Marino P.E.
Council President Malcolm Eidle
A recent article in The Reading Eagle stated you favor purchasing the house next to the Borough Hall. I assume you will pay for it with another loan to add to the current $13 million debt. You also voted to buy the local railroad a few years ago which currently adds to the Borough debt and you also voted to go into Telecommunications business which loses $1 million a year.
Do you plan to make it into student housing to add some subscribers for HU? These 3 operations do not serve the residents of the Borough and add to the Borough debt.
This decision proves you do not have any knowledge about the Borough finances. These three are not utilities they are business ventures which just add to Borough expense and debt.
I demand that you explain how the 2009 Budget total in November 2009 was $21 million and December 31, 2009 was $18 million. These facts were taken from the Borough’s Budget at the counter in the Borough Hall. I also demand you publish a financial report on HU and the railroad property.
How can you consider buying property that the Borough can not afford and does not need?
Gennaro A. Marino
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5 comments:
The act of demanding is done by someone having exceptional authority. That leaves you out, Marino.
Jerry Marino states that residents of the Borough can make demands of an elected official of the Borough.
Decent borough residents will ask, not demand.
Hey Jerry, did you see that pitiful five minute so called fire works display at the park last night? I could have bought all of that for about 3 bucks at the local five and dime. That just shows our borough is in bad financial trouble. What a joke!
I thought it was pretty good.
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