Special Board of Aldermen Public Hearing — 12/16/2019 Page 25
But | can honestly tell you at least at the Board of Education level, the Board as a whole has never had a
conversation about the bonding implications or what the true costs would be. We've heard about construction
costs and we’ve had a fair amount of discussion about that with the JSSB, but not one iota of a discussion as it
relates to the actual spending at the City and what its implications are. It is time that we do that. | have asked the
Committee, the Board of Aldermen, to defer action on this bond until further financial analysis is complete,
presented to the public and reviewed. And as someone else said, maybe we can even have referendum in the
City on it. Thank you.
Ms. Ortolano The gentleman who came up and spoke about the system who worked at the school and the
state of the schools for repair. | appreciate what he is saying, I’m not of the belief that you necessarily have to
continue to put money into those schools. But | am just very concerned that we don’t have a study that speaks
to the bond cost and an analysis of what those bonds will look like for this building. | am also very concerned
about the lack of an enrollment study and that we are potentially overbuilding.
Also, it’s almost a couple hours into this hearing and | Know that putting these three bonds on the table for one
single hearing | think was too much and | want to thank Mr. Teeboom for the analysis he provided and the
detail that he brings to these meetings because as a tax payer and a resident | do appreciate that kind of
discussion. | think in this horseshoe there is not enough of this going on. So when he overuses his one
question, the one question is far too limiting when you are asking us to approve $118 million, for us to get
behind that in a night. So | think you all get a little cranky with him but he’s raising a lot of very good points. |
want to tell you | really appreciate it. Thank you.
Chairman Dowd
Anyone else in opposition? Seeing no one, | will now close the Public Hearing. We will take a 5 minute break
before we open up the Budget Review Committee.
ADJOURNMENT
The public hearings were declared closed at 8:55 p.m.
Alderman-at-Large Michael B. O’Brien
Committee Clerk
