Then, the Commissioners made some significant changes to the loan application paperwork and tried to sneak it into the agenda for the January 17, 2017 Commissioner’s meeting. The final loan application paperwork does not include the Washburn Switch Project or the IT Project as such. It only says “other projects.” Also, CCS is to split off 14 acres of worthless (for construction) property and sell it to the county for a dollar. This property is on the James Love Elementary School location where the new North Shelby School project is going to be built. This property will also be “pawned” as collateral for the $34 million loan. Only thing is, when the new North Shelby School is built on the property and the new North Shelby School will be attached to the James Love School, a default could lead to the new Health Department, the new North Shelby School and James Love School all being foreclosed upon.
The Crazy Commissioners were informed (by me) that the new loan application had been significantly changed and when the January 17, 2017 meeting rolled around the commissioners had their finance staff tell them that nothing significant had changed. So, upon this false advice the Crazy Commissioners again voted unanimously vote to approve the new debt obligation papers.
So, Cleveland County, you will soon be another $34 million in debt.
For you astute readers who pay attention, you probably have another question. Since Cleveland County was paid $23 million in advance by Carolina Medical to build the new Health Department, where did the other $77 million for the sale of the healthcare facilities go??? And why are we going in more debt for anything???
That is the $77 million question. Anybody else want to look into that one???
For more propaganda about the $34 million loan debt and the new North Shelby School project, come to the CCS School Board meeting workshop on January 23, 2017 (Monday) at 6:00 pm for what may be an interesting time as the school board has been kept in the dark about all of this. Don’t expect to get to say anything though. Citizens participation will not be allowed.
Stay tuned. And remember, this is an election year for the school board.
