Archive for September, 2011

Is it true that the Redevelopment debt is increasing incrementally $100,000,000.00 per month?  According to the Enforceble Obligation Payment (EOP) in June 2011 the RDA debt was $1.5 Billion, The premliminary draft of the Enforceable Obligation Payment (IROPS-Initial Recognized Obligation Payment Schedule) as of September 27, 2011 states total RDA debt to now be $1.7 Billion.  Much of the the debt is being paid with bond proceeds as a revenue source.  How long can it sustain itself?  This would be as if one pays a debt with a credit card, then later uses another credit card to pay the first credit card.  Instead we are using bonds. Bonds are loans.  A bond is a formal contract to repay borrowed money with interest at fixed intervals.  Will this unsustained failure to deal with lead to banckruptcy?  Illegal or just Bad Business?  Where does the actions of the council breach their fiduciary duty to the taxpayer?  Is there a point whereby bad fiscal decisions just becomes illegal?

“Lying rides upon debt’s back.” -Benjamin Franklin

THANKS FOR YOUR SUPPORT!  KEEP CONNECTED WITH TMC, RATED RIVERSIDE’S MOST “SLANDEROUS” AND MEZZSPELLED, “MISSPELLED” BLOG SITE!   TMC IS NOW EXCLUSIVELY ON FILE WITH THE COUNTY OF RIVERSIDE’S DISTRICT ATTORNEY’S OFFICE, AND THAT’S ALL WE’RE GOING TO SAY ABOUT THAT ONE… 

INTERESTING STUFF COMING DOWN THE PIPELINE, AND I DON’T MEAN THE CITIES LEAKY SEWERS.  THERE IS NO DOUBT WHY GREG IS HIDING BEHIND THE COMPUTER INCOGNITO THIS TIME.  ACCORDING TO CITY COUNCIL PERSON NANCY HART, HE WOULD NEVER STEER US WRONG.  WELL NANCY HART, I HOPE YOU ARE RIGHT, BECAUSE ISN’T THE CITY OF BELL SUING THEIR EX-CITY ATTORNEY FOR NEGLIGENCE AND FAULTY LEGAL ADVICE?  LET’S NOT FORGET, THE EX-BELL CITY ATTORNEY WAS ALSO AN ATTORNEY FOR BB&K.  THE VERY FIRM OUR CITY ATTORNEY CONTINUES TO SEEK WHEN IN NEED OF ADVICE OR TO PERFORM OTHER LEGAL ACTIVITIES.   IT ALSO APPEARS THAT THE CITY IS COMFORTABLE IN IMPLEMENTING VERBAL BILATERAL CONTRACTS, SINCE NO HARD CONTRACTS ARE USED ACCORDING TO CITY OFFICIALS IN RETAINING BB&K.  ILLEGAL OR JUST BAD BUSINESS?

HOLDING TRUE TO THEIR MISSION STATEMENT: The mission of the City Attorney’s Office and BB&K is to provide excellent and ethical legal advice, effective legal representation, and other quality legal services for the City Council, City officers, and City employees in order that they may lawfully attain the City Council’s goals and other department program outcomes without undue risk to the City. 

WHO WILL BE HIDING BEHIND THE COMPUTER NEXT WHEN THE AUDITOR COMES ASKING QUESTIONS? CHECK BACK WEEKLY…THAT IS, EVERY CITY COUNCIL TUESDAY! WE’LL EVEN PROVIDE THE DIRECT LINK SO YOU CAN CHECK THE CURRENT CITY COUNCIL AGENDA. CALL YOUR LOCAL ELECTED COUNCIL PERSON AND THE MAYOR AND REQUEST THAT A FORENSIC AUDIT BE DONE BY STATE CONTROLLER JOHN CHIANG OF THE CITY HALL BOOKS.   WITH A NEW INTERIM CITY MANAGER, SCOTT BARBER, THE CITY OF RIVERSIDE NEEDS BASELINE NUMBER AS DONE IN THE PRIVATE SECTOR IN ORDER TO ASSURE BALANCED NUMBERS AND TO CLEAR POSSIBLE DISCREPANCIES OF THE GENERAL LEDGER BOOKS. IF THERE IS NOTHING TO HIDE, THE NUMBERS WILL ALWAYS COME UP RIGHT! 

THANKS FOR YOUR SUPPORT, NOW EXCLUSIVELY ON FILE WITH THE RIVERSIDE COUNTY DISTRICT ATTORNEY’S OFFICE, AND THAT’S ALL TMC HAS TO SAY ABOUT THAT ONE FOR NOW…

UPDATE: PUBLIC WORKS DIRECTOR SIOBHAN FOSTER RESIGNS TO TAKE A POSITION IN PASADENA, AS PUBLIC WORKS DIRECTOR UNDER CITY MANAGER MICHAEL BECK.  NO DOUBT A GOOD TIME TO STEP OUT.  BUT IT DOESN’T STOP THERE! ACCORDING TO A PRESS RELEASE BY THE CITY OF RIVERSIDE, SIOBHAN FOSTER WAS “APPOINTED” BY MICHAEL BECK TO THIS POSITION, THEREFORE OVERSTEPPING THE AUTHORITY OF THE KINGDOM OF RIVERSIDE. GET IT , SHE COULDN’T SAY NO! YES, IT ALL GETS WEIRDER BY THE MINUTE.  WHY LEAVE YOUR FAMILY, WHEN YOU HUSBAND, BARRY FOSTER, IS MORENO VALLEY’S ECONOMIC DIRECTOR?  IS A VOLCANO READY TO EXPLODE IN THE CALDERA KNOWN AS CITY HALL?   NOW MICHAEL BECK ALSO WORKED FOR THE CITY OF RIVERSIDE AS ASSISTANT CITY MANAGER UNDER CITY MANAGER BRAD HUDSON.  THE OFFICE CAME UNDERFIRE VIA THE ALLEGATIONS OF ILLEGALLY PURCHASED GLOCK FIREARMS, BADGES AND COLD PLATES.  FOSTER LEAVES AMIDST THE ALLEGATIONS MADE BY EX-CITY EMPLOYEES.  FIRED DEPUTY CITY ATTORNEY RAYCHELE STERLING ALLEGED THE STEERING OF CONTRACTS WITHIN FOSTER’S OFFICE TO A SELECTIVE OR PREFERENTIAL GROUP OF CONTRACTORS.  FIRED CONSTRUCTION CONTRACTS ADMINISTRATOR SEAN GILL, ALLEGED FOSTER IGNORED HIS CONCERNS REGARDING COST OVERRUNS AND THAT SHE DIRECTED HIM TO GATHER INCRIMINATING INFORMATION ON OTHER EMPLOYEES WHO THREATENED TO EXPOSE WRONGDOING AT THE CITY.  OTHERS HAVE OPENLY QUESTIONED HER QUALIFICATIONS AND ABILITIES FOR THE POSITION SHE HELD..  TWO HIGH PROFILE EXECUTIVES HAVE NOW LEFT THE CITY OF RIVERSIDE WITHIN MONTHS OF EACH OTHER. THE OTHER BEING CITY MANAGER BRAD HUDSON IN AUGUST.  WHAT DOES THIS MEAN FOR THE CITY OF RIVERSIDE, IS THEIR MORE INFORMATION COMING DOWN THE PIPELINE THAN WE KNOW OF?  WHO WILL BE NEXT TO JUMP SHIP? BELINDA GRAHAM, GREG PRIAMOS, DEANNA LORSEN, TINA ENGLISH, TOM BOYD, SCOTT BARBER, RHONDA STROUT, PAUL SUNDEEN? THE PRESSURE IS ON!  GOOD LUCK PASADENA!

WHAT IS THE CITY COUNCIL’S FIDUCIARY DUTY TO THE TAXPAYER?

The move to transfer 189 properties from Redevelopment to the City of Riverside and the Housing Authority in lieu of a suspension by the State of California per Governor Edmund G. Brown. What would be the modus operandi? Steering away from the rules and regulations of RDA?  Well, what we have is the transfer of RDA controlled properties now under the control of the City of Riverside per City Council vote.  So what we have is the City of Riverside who borrowed monies from the restrictive Sewer Fund, Utilities Fund etc., then loaned them via an intra-angency transfer to the Redevelopment Agency (RDA).  RDA  then purchased the properties with this money.  Then RDA grants the properties back to the City of Riverside, and the City still expects to be paid for the money originally loaned, per tax increments etc.  The question many are asking, is this fraud?

By the way, the Executive Director of Redevelopment and the Riverside City Manager are the same person. When the transfers occurred, Brad Hudson was in charge. The current Council for the City of Riverside and the Board of Redevelopment are the same people. Many in the community of Riverside do not know this. The ongoing question many have asked, “Is this a conflict of interest”? Was the the transfer illegal? Or just bad business? But it doesn’t stop there, the deed is still not done. When I say deed, I do not take this lightly, it is the grant deed of ownership of the properties in question that comes to the forefront. When this happens the playing field also changes. In other words, now that the properties are in possession of the city, what happens to the contracts that were signed when the properties were under RDA? What to do with the merchant contracts that now remain under RDA and its restrictions? Possibly venture to move them to the municipality of the City level for better control, by will then show the City of Riverside as the landowner? Would this then be an intention to manipulate merchants by the transfer of contracts within State Redevelopment to the City of Riverside as was done March 08, 2011? These are some of the contracts transferred, Simple Simons, Invites and Delights, Don Carlos, Magnolias, with a side note of The Flowerloft to be handled separately.  Would this now allow the City of Riverside to do business as if RDA was active? Would merchants unknowingly then lose certain rights bestowed under Redevelopment, by now being under the City of Riverside?  Which would then give control to the City of Riverside, which in turn, would mean different rules and regulations that would not benefit a business environment? Will this transfer be the move which brings the City of Riverside into the limelight with emphasis on its Redevelopment Agency? The very agencies Governor Brown intends to suspend as a result of alleged abuse. Will this be the end of RDA in Riverside? Will Riverside be the poster child for inappropriate activity by its RDA and in the end, not have a penny to spare?

KEEP CONNECTED WITH TMC, RATED RIVERSIDE’S MOST “SLANDEROUS” AND MEZZSPELLED, “MISSPELLED” BLOG SITE!   TMC IS NOW EXCLUSIVELY ON FILE WITH THE COUNTY OF RIVERSIDE’S DISTRICT ATTORNEY’S OFFICE, AND THAT’S ALL WE’RE GOING TO SAY ABOUT THAT ONE…   

GREG CAN BE OFF PLUS OR MINUS $100,000.00 WHEN IT COMES TO LITIGATION COST, BUT SINCE IT IS NOT OUT OF HIS POCKET THE TAXPAYER DEMAND ACCOUNTABILITY AND TRANSPARENCY.  WHAT IS IT ABOUT CITY ATTORNEY’S AND HANDLING COST YOU MAY ASK?  WELL, SAN BERNARDINO CITY ATTORNEY
WAS OFF PLUS OR MINUS $1,782,127.00 WHEN IT CAME TO ESTIMATING THE COST OWED TO A RED LIGHT CAMERA COMPANY.

HOLDING TRUE TO THEIR MISSION STATEMENT: The mission of the City Attorney’s Office is to provide excellent and ethical legal advice, effective legal representation, and other quality legal services for the City Council, City officers, and City employees in order that they may lawfully attain the City Council’s goals and other department program outcomes without undue risk to the City?  DO YOU SEE TAXPAYER OR CITIZEN OF THE RIVERSIDE COMMUNITY MENTIONED? AFTERALL, IF YOU ARE PAYING THE BILL SHOULDN’T YOU, THE TAXPAYER,  BE PROTECTED?

WHO WILL BE HIDING BEHIND THE COMPUTER NEXT WHEN THE AUDITOR COMES ASKING QUESTIONS? CHECK BACK WEEKLY…THAT IS, EVERY CITY COUNCIL TUESDAY! WE’LL EVEN PROVIDE THE DIRECT LINK SO YOU CAN CHECK THE CURRENT CITY COUNCIL AGENDA. CALL YOUR LOCAL ELECTED COUNCIL PERSON AND THE MAYOR AND REQUEST THAT A FORENSIC AUDIT BE DONE BY STATE CONTROLLER JOHN CHIANG OF THE CITY HALL BOOKS.   WITH A NEW INTERIM CITY MANAGER, SCOTT BARBER, THE CITY OF RIVERSIDE NEEDS BASELINE NUMBER AS DONE IN THE PRIVATE SECTOR IN ORDER TO ASSURE BALANCED NUMBERS AND TO CLEAR POSSIBLE DISCREPANCIES OF THE GENERAL LEDGER BOOKS. IF THERE IS NOTHING TO HIDE, THE NUMBERS WILL ALWAYS COME UP RIGHT! 

IN LIEU OF A FREEZE ON REDEVELOPMENT, IS THERE MORE SHENANIGANS OCCURING THIS TIME AT THE CITIES CLOSED SESSION COUNCIL MEETING?  TWO PROPERTIES: THE OLD BIOKORIUM BUILDING, 3615 MAIN STREET AND THE OLD INLAND EMPIRE BANK, 3737 MAIN STREET #104 ARE IN THE CITIES POSSESSION AND UP FOR NEGOTIATIONS. A VIOLATION OF STATE REDEVELOPMENT LAW? (ITEMS 4 AND 5).

THANKS FOR YOUR SUPPORT, KEEP CONNECTED WITH TMC, RATED RIVERSIDE’S MOST “SLANDEROUS” AND MEZZSPELLED, “MISSPELLED” BLOG SITE!  NOW EXCLUSIVELY ON FILE WITH THE RIVERSIDE COUNTY DISTRICT ATTORNEY’S OFFICE, AND THAT’S ALL TMC HAS TO SAY ABOUT THAT ONE FOR NOW…