You could look at this in a strictly business investment kind of way if you like. The City of Sierra Madre hired its new City Manager, Gabriel Engeland, at approximately $150,000 per year. His contract is for five years, which makes the cost of his employment around $750,000.00.
Now look at what he has saved the residents of the Foothill Village on all of that sadly misconceived water bond debt. The following comes from an Agenda Report succinctly titled "Consideration Of Resolution No. 17-55 Authorizing The Execution And Delivery Of An Installment Purchase Agreement, Escrow Agreement And Other Documents Related Thereto With Respect To The Refinancing Of The Water Revenue Refunding Bonds Series 1998A And Water Revenue Parity Bonds, Series 2003," which you can hopefully link to here if you so wish.
If you figure that the taxpayers of Sierra Madre invested $750,000 in a new City Manager, and in this one instances alone he has saved them $1,267,899.56, that comes to a total profit of over half a million dollars! Meaning he has more than paid his way, and in less than a year.
Not a bad rate of return so far.
Tonight's big deal City Council meeting topic is the Library
I posted about this one three times. I have run out of things to say. But The Tattler got quite a few comments on the topic from our readers. Here are some examples:
"If the library property is sold, the library shouldn't have dibs on the money. We have all sorts of things in town that need to be repaired (water pipes, for example) that should be dealt with before the library is expanded."
"The ballot question is very misleading. Moving the library to the YAC won't be funded by selling the current library property. It will be only partially funded. There still will need to be a tax increase -- probably more than if they just fix the current library. What's being sold as a free lunch is really a classic bait-and-switch con."
"A community input postcard is the safest way possible to create the illusion of consensus on a controversial issue like this one. The opportunities to express your opinion are strictly limited to a series of yes and no answers, and only City Hall gets to interpret what the results are."
"As we all know, you can frame the question in such a way as to get the desired answer. I don't trust the survey at all because of who may be creating the questions. Tattler is absolutely right here. A vote is better. You can include a statement from those in favor of moving the library and from those opposed to moving the library. That's the only way to understand how people truly feel about this issue."
"For those of you who posit that the YAC is just as walkable as the current library location, I wonder if you have ever walked there. The library is about half a mile from the center of town and the walk is mostly flat. The walk to the YAC is close to a mile and downhill -- which means the walk back is uphill. A one mile roundtrip on mostly flat ground is a very different walk than a two mile trip with elevation changes."
"Why not do the survey after the vote?"
Hopefully we'll see some similar insights from the commenting public this evening.