Friday, October 3, 2008

If This Oct 1 Bloomberg Article Doesn't Convince You To Vote "NO" On Naranja Bond, Nothing Will

This Oct. 1 Bloomberg article is full of examples of municipalities throughout the country postponing any bond funding for programs including airports, schools & roads.

To even think of voting for a bond to fund a park in Oro Valley at this time makes no sense.

Here's the opening sentence from the article.

"Rising borrowing costs are starting to pinch states, cities and towns across the country, forcing municipalities to cut back on everything from road improvements to maintenance on schools."

PLEASE TAKE A COUPLE MINUTES TO READ THE REST OF THE BLOOMBERG ARTICLE BEFORE YOU VOTE TO EXPEND $48.6 MILLION FOR A PARK.

http://www.bloomberg.com/apps/news?pid=20601015&sid=a9ETeAvjuQys&refer=munibonds

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