On Monday, November 16, the Newburgh City Council held a special meeting that included a public hearing regarding two bond resolutions.  As reported elsewhere, those bond resolutions were passed after a heated discussion between the council, bond advisers, and the public.  Also under discussion was whether to enact a financial advisory board; in the end language was added to the resolutions to create one.  “It’s not clear where all the money is going,” Ken Bond, Newburgh’s bond counsel, said.  Thus, he explained, having such a financial advisory board would reassure potential investors that there would be oversight.

01

02

03

04

05

06

07

08

09

10

12

11

One Response to “It’s not clear where all the money is going”

  1. Jim Bob Riley says:

    Where is the money going?? Its going in these corrpt Newburgh politicians pockets! All of them are lying through their teeth! They destroyed this city…

Leave a Reply