The Rest Of The Story
Mayor Harvey Johnson lashed out at the Bond Commission the other day after he learned from the Clarion-Ledger a six-million buck bond package was not approved by the government body. “I didn’t recognize that we needed representation at the connection commission,” he said. The Mayor is definitely appropriate. It really is wrong for all of us to assume. You need to always look at the facts and in this case, this year by the Legislature the first truth to be examined is regulations that was approved previously. 1701 was passed by the Legislature and signed by Governor Barbour.
How will Jackson understand this money? Did Jackson submit an application? JJ is (say it out loud class) filing a public records request today but also for the purposes of this post, it will be assumed one was submitted regularly. JJ spent several days investigating this story. This columnist has spoken to varied individuals in state government, local government, and the business community.
- How complex are these applications
- Legal and Professional Fees (& Research Materials)
- Do each of your customer/prospect lists improve and build on each other
- 150 Envelopes 108.2 $
- Better pillows and comforters that ANA Business Class (my review of their competing airline flight here)
To put it bluntly, it seems Jackson slipped the ball. Everyone at the Bond Commission and at the DFA’s Bond Advisory Division is well aware of Jackson’s water problems this year. They suffer combined with the rest of us when the water system breaks down. They don’t have it set for Jackson, contrary to the conspiracy theories residing in the logical labyrinth that is Donna Ladd’s brain.
The Bond Commission is no “antiquated vestige of the past” as it was called by the Clarion-Ledger yesterday but is a brake on the whims and horsetrading of the Legislature. 10 million for his region. They all agree to vote for each other’s tasks and voila, there’s a monster relationship expenses the state can ill-afford instantly.
The Bond Commission can thus take action with the energy of the line-item veto as it approves and issues all bonds transferred by the legislature. The Clarion-Ledger doesn’t understand why since it doesn’t understand simple concepts such as debt, interest, and bankruptcy. It rarely, if, opposes higher spending or relationship issues proposed. No surprise since its favorite remedy for budget problems are tax increases.
It advocates providing the Legislature the tips to the car and letting it drive Mississippi from the Cliff of Debt. DFA has no charged power under the law to drop to issue bonds for a particular project. It merely acts as an underwriter of bond requests- there is absolutely no ability to decline a bond issue on its merits alone. A 12 months The Connection Commission payment fulfills five to six times.
State Treasurer Tate Reeves stated the other day the Commission reviews up to 1 hundred bond demands at each conference. The saga with Jackson’s “water bonds” began several years ago. The condition found some money open to improve Jackson’s water system. Jackson only needed to fill out an application. The application had to be submitted before a deadline.
Frank being Frank, it had not been filed prior to the deadline. More money was later found a couple of years, a credit card applicatoin was required, none was provided on time. As one can imagine, the desire to carry Jackson’s drinking water (pun intended) reduced as attempts to help Jackson were literally ignored by the City.