“We need to stop racking up debt and stop pushing for density,” Glynn said. “What is Carmel going to look like in 10 years? That’s the question.”
Glynn pointed to public private projects, such as hotels, that are paid for with city bonds.
“We’ve got to stop giving our money away to developers,” Glynn said.
Glynn shared a 2017 report from S&P Global that said Carmel’s long-term debt grew by over $300 million in just three years.
“The annual debt costs are already high, and are estimated to grow 71% by 2022,” read the report. “The city doesn’t have a high reserve cushion, relative to the size of annual debt services, to carry it through extended stressful periods.”
“My concern is we’re racking up the credit card and the credit card is maxed out,” Glynn said. “That debt has got to be paid.”
“Do you want to be surrounded by apartments and have development shoved down your throat or do you want someone who is going to work with the community and consider every stakeholder that's involved,” said Glynn. “That's what kind of leader I will be. "
Glynn said if elected, this is what he plans to accomplish in his first 100 days in office:
- Host the first-ever small business advisory committee summit to advise the mayor’s office on the needs the city’s small business owners.
- Implement a 180-day freeze on new downtown development to allow for a long-range traffic and population density study.
- Send a priority-based, truly balanced budget to the Carmel City Council.
- Sign an executive order to provide funding to hire additional police officers.
- Send a debt-reduction plan to the city council that implements a plan to reduce the city’s long-term debt by 20 percent by the end of my first term.
- Sign an executive order immediately halting future city government giveaways and subsidiaries to private development projects.
- Send the city council a resolution to freeze the pay of all city-wide elected officials for the next four years.
- Sign an executive order that strengthens sexual harassment policies for city workers and officials that includes harsher punishment for violators.
- Have neighborhood liaisons in every neighborhood in this city and meet quarterly. We will once again put focus on our communities instead of focusing all resources and effort on a few square blocks downtown.
Hi there! This blog post couldn't be written much better! Going through this post reminds me of my
ReplyDeleteprevious roommate! He constantly kept talking about this. I'll forward
this article to him. Fairly certain he's going
to have a very good read. I appreciate you for
sharing!
Today, I went to the beach front with my kids. I found a sea shell and gave it to
ReplyDeletemy 4 year old daughter and said "You can hear the ocean if you put this to your ear." She placed the shell to her ear and
screamed. There was a hermit crab inside and it pinched her ear.
She never wants to go back! LoL I know this is totally off topic but
I had to tell someone!