City Council - Special Meeting

The Yoke begins on September 8, 2026, at 5.30 p.m. There is only one thing on the agenda of this special Yoke. That is the council's answer number, Poojam 9, Poojam 8, Poojam, Poojam, Poojam. The general hearing on the answer that allows up to $38,60,043. The city's General Obligation Bonds are used for various activities, streets, roads, sidewalks, and other municipal infrastructure facilities. We have received a memo from the Deputy City Manager and the Finance Director. Also, our CET Manager is here. So Charlie, I don't know how the staff intends to implement this. I will make a general announcement.

Deputy City Manager, Finance Director, and our Economic Development Director have worked very hard for this. We have discussed the Capital Improvement Plan with the CET Council during the Budget Meeting. We have also held a special workshop. We are here today to discuss more about this. This is the permission to issue bonds up to $3.86 million. General Obligation Bonds have been found earlier in the capital planning process of the city. I would like to note that today's vote does not allow the city to spend money or allow bonds to be withdrawn. This is only a permit for the use of capital as a bond related to capital improvement plans. The last two times we came before the CET Council, I noticed that this was a little different. I think that the capital planning and bonding process of the city's development over the past three years reflects this. When I arrived here, there was not a proper capital improvement plan for the last 4-5 years. A plan that covers all the assets of the city, which are currently in debt, and the savings of the next 1-10 years is essential. Our deputy city manager has a lot of experience in capital plans, as well as in the most important procedures. One of the main reasons we appointed a deputy city manager is their extraordinary expertise. With the help of a great consultant, they helped create a new capital improvement plan for 15 years. This is available on the website elseworthmana.gov slash budget. For the first time in about 6-7 years, the city has been conducting a thorough survey of all assets and related assets. Aha! What did we gain from this year? What is the most important capital project? We have been going through this for the past two years. The roads were given more importance in the first year. As part of the highway project, we built roads and other properties worth approximately $2 billion. Previously, the roads were filled with trucks that could not be bought even if they were filled with bonds. 20 different roads in Ellsworth were completed through that initial phase, and it was done through the bond anticipation note ban. There are also large fees, fees and other expenses related to it. In the second year of my term, I decided to go ahead with another special procedure to replace the truck that had been waiting for 30 years to replace the fire engine. This was also done through a band cycle. When Chris came as the new finance director, he noticed that we had a specific capital improvement plan. As the CET Council, we discussed what the first year should be like, and I believe that there is a backlog of about $20 billion in the first year of the Capital Improvement Plan. Certainly, even if it is necessary, we cannot move forward in the first year. As part of the activities of the Deputy City Manager, we reached a budget of $3.86 billion, which increased the cost of road-touring during the workshops and council meetings. However, the capital improvement planning that was first submitted continues to the same level. Instead of completing the ban process first and then moving on to the bond, Chris pointed out that we still have time to go directly to the bond process. In this way, the needs of the bond council, the general hearing needs, the costs associated with these processes, and the policy are all included. If we have a capital improvement plan and a first-year agreement, we have time to include it in the main state bond bank. This is not to bring these projects forward or to raise doubts about the bonds. If the council wishes to do so, the only way to do so is to find an economic way. If the council decides to move forward with this permit in the next phase, we will be able to come to the regular council in September to discuss more about the roads in the plan. We have examined each and every part of our 125-mile roads. So, we have accurate information about the roads that require the most work and the roads that collapse. So, we are ending some of the RFPs that we have released immediately. If the council wishes to move forward with the project, our staff will give a recommendation. This is also important in the case of the Maryland Extension. We have received a RFP on whether the project should be carried out in its own way, in a hybrid manner, or directly at the City Hall. Therefore, even if there is no complete supply, a certain supply will have to be returned. But that too, the RFPs will be made available to Shubharshi, who will lead the staff after the official discussions about the Maryland Extension, for the price of RFPs. It will be the same in this regard. RFPs that have core switches for the needs of $ 50,000 are not ready for us. I think it will only be available from one source. So, we are thinking of passing this legislation at the end of October or after that. This is the only vendor that offers this extension called XYZ, so we can get a monthly price. But in September, it is only possible to import parts that were not included in the Maryland Extension and Capital Improvement Plan. More details will be given at the next meeting in September regarding the expenses incurred in the Maryland Extension Project. In particular, we will conduct a small survey of the things that took place in the previous councils and community churches. I know that this is one of the most important things for the city. I believe that three or four of the current councilors were not present at the beginning of this decision. So, in the next meeting, it will take more time to discuss about its initial policies, the auctions it has announced, its presence in the Bavi, and the tax increment financing. Our Financial Development Director tried very hard to make that area a TIF district. Through this TIF district, which has a high street corridor, it will be possible to save more funds and increase the value of this project. This is also the case with the Bayside Road. This is a major part of the property development process. This also has the potential to receive TIF benefits. The funds used last year to rebuild the beachland road can now be used for this purpose. Several projects included in TIF funding have also been completed so far. So, the majority of funds that can only be used for TIF projects started by the Maryland Extension and Bayside Road are being used in that account. Those funds will be used, and a $4,015,000 deposit of $4,015,000 will be used to build the intersection. According to the bill submitted last year by the Legislative Assembly, the state of the Maryland Extension Fund is being investigated. In addition to this, I intend to discuss with the county if this project will be of any help. So, there are a few more things to come. This is not the final discussion about these projects. If we decide whether to move forward with the council in September, this is just a discussion about using its financial system. If you intend to do some of these in the future, some of them can't be kept for long. Because the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take care of the needs of the local authorities and the city has to take

Just to make sure, we called this special association to solve the bond paperwork within a certain period of time. That's right.

Is that the main bond bank? The main bond bank is right, isn't it? I agree with our finance director. Yes, when he came, he said that this was a prelude to the inauguration of our first-year foundation. Before us, this was done via a van or a van. He noticed that the bond bank was still an option for the city to make money. For that, he acted very quickly. The initial requests were moved to the bond council, and through discussions with the bond council and the main bond bank, we were able to ensure that it could be managed at that time. We realized that the council needed permission to move forward with that matter. We need to be prepared for the long-term bond offering. Otherwise, we will need a bond and a bank in the Kodadi system and in the Maryland administration. Others will also need a bond and a bank. But if we want to invest in a bond and a bank offering, it will take at least six months. Now that the system is complete for 10 years, I expect that the city will not have to do more of a bond and a bank. We all know what are the steps required for financial protection. Of course, there are many possibilities. For an unexpected big step, we may need a van or a van. But that is up to the deputy city manager, all the department heads, and the staff. They have spent a lot of time on all their assets, financial protection, and other things. So, we need to be able to take more action to make more money. On 14th September, our director, Nagaram, held a very detailed discussion about where we stand. How did Nagaram handle the border and the border? How does he approach such things at the end of the day? He will also share his initial thoughts on how to act with more determination. So, this will be a continuous discussion. Then, When we approve this bond, we do not use it until the funds are approved. At that time, when we look at these projects, they all have a different interpretation and timing. I do not know if we have talked about the fact that bonds should not be taken for a longer period of time during the project. For example, will we be able to select bonds that are 10 years old for local roads? That is, will we be able to select these bonds on time when we take a fund? Yes, they are very convenient. But when determining the time frame, for example, last time we determined the time period of 7 years for roads. I don't think we have changed a road in the history of Ellsworth in the past seven years. I may have made a mistake in that matter, but we didn't want to make it longer. It is now 10 years for local roads and sidewalks. If the council decides, we can reduce or extend that time. For core switches, it takes 5 to 7 years. In the case of the core switch, it takes 20 to 30 years, but the maximum period of the bond is 20 years. We don't take 30 years for anything. It is a new road, and I think it will take more time. In addition, the growth of the land around the road, as we have seen when the city roads were previously developed, the growth of the land in the land will help to restore security through special TIF and TIF accounts. Especially when the roads are new, this will be useful in the long run. Good. Yes. Thank you.

Do you have any more questions for Charlie Ode Council? Otherwise, our finance director and deputy city manager are here. You can ask them anything.

Do we know how much the bond is worth? Or have the paperwork been completed? Not yet. I don't think so.

At the end of the bond, the bond bank discusses the least amount of money for cities and cities through your policies and activities. It was at the end of their last letter. So... Okay. Thank you. Good question. Do you have any more questions from the councillors? Councillor Howard. Then we know the cost, right?

Not yet. But we are not taking a loan now. This is only to give us the option to take a loan. That's right. As far as I understand, this allows us to be a part of this.

Not to be a part of the bond package that the bond bank is going to release. The real aim of this is to make use of their purchases.

Chris, will you come with me? Do you have more information about this? Do I have to stand here? Is this enough? Yes, you have to tell me your name and address. Oh, Chris Steth, Finance Director. I have something to tell you. As part of the bond process, it is not the time to do this, the price. We are a little early. So we can give it to you. However, if we consider this as an opportunity, we will be able to get fees that are more affordable than that of a bond bank. So, if we find money for this ourselves, or if we do a bank ban through a note, there will be more regular fees. So, we increased the fees to make use of this opportunity. Then, when I entered the job, we were done with this. So we asked them, if we could complete it quickly, would you let us in? Yes. That's how we made it possible. It was a complicated process, but we made it possible. So we didn't know until now. But we wanted to be available to the public, so we wanted to do it. Then, Counselor, if we are talking about your question, even if we package 3.8 together, we have the right to go up to at least 20 years. But that would not be our tradition. So, we are going to exclude this. Now, we think that there is a period of 10 to 20 years for individual conditions. To answer the question of Councillor Howler, the municipality in this bond pool has not yet been informed. That's right.

If we feel that the number of beneficiaries is very high, we are not responsible to continue with it. We are not responsible at all to use the bond. That's right. That's right. That's why we can avoid saying no. Right.

If you want one more thing to be taken care of, like a ban, then we can now fully understand it. But since this is a bond anticipation note, you are standing in the same situation where you have to transfer it to a bond in an unlawful manner. The news is that the government's bonds will rise in the month. Therefore, it would be beneficial to participate in this offer. Nevertheless, we can expect that there will be an increase in the number of bonds in the next few years due to the decrease in the number of bonds. But we are not in such a situation right now. Those bonds are still in a high position. For the past few years, those bonds have not decreased. So, it may happen that the interest rate rises or rises. Is it possible to reduce debt and think about refinancing? The situation is very uncertain. Do you think you have heard the news about the bond market? The bond market is very uncertain. Yes. But if we take this path, we can make use of this opportunity and invest even if it is a small amount. That is, we will be able to earn more closing and transaction costs. Even if there are some differences when completing two such big transactions, we can say that we have earned about $1,00,000. That's one thing. When we go through bonds, there are various ways to return debt. If the path I chose is useful to someone, we can change it. This is called the Level Principle. That is, even if the return in the first few years is a little more, by the end of this period, we can earn money. So, I estimate that we can make a profit of approximately $1,40,000 to $1,50,000. That is, in the beginning itself. Is that $2,50,000 profit, Chris? Yes. Yes, if these estimates are correct, when those two things add up, there will be that much profit. Also, if it is a position through the bank, the bank will make their profit in the beginning itself. Therefore, we will be obliged to close it, and we will lose that opportunity. If we can make use of the time of this note, we will have the opportunity to withdraw one part of the TIFF-TIFF financing fund. It will be beneficial for the investors. In addition, there is a possibility of refunding in the form of a bond, which is called refunding. If we get the opportunity to refinance the bond, it will be more profitable. I think this is beneficial in the eyes of investors. I don't have much knowledge or knowledge about actual projects. I know that these projects have gone through a lot of trials and tribulations. However, we must try to make the most of the financial situation in which we have decided to do this and to pay the bills. So, thank you. Before going to the hearing, do you have anything to ask the council or the CET staff? Councillor Hand, I have an opinion. I think we have shown a little bit in the decision making process. Yes. Previously, we had hoped for the local banks to do a lot of things for our society. If we want to get money and debt, I think it should start from there. We don't know what the bond sale is. We don't know how it will be decided. We don't know how much money we need. We don't know how much money we need for Courthouse Road. We are doing things without a basis. Before we think about funding, we need to know our needs. Okay. Are there any more comments or questions from the council? Since there is none, this is a general hearing. If you have anything to say about this, please come to Devaayi Diasel. Tell us your name and the city you live in. Don't talk for more than 3 minutes. Michael Hill lives in Ellsworth. He just wants to know why we want to borrow money or take bonds. Michael, we will answer your questions at the end of the hearing. But I think this is a simple question. I knew it. I also tried to get that answer. Why didn't I get it? Because Steve is here. Before the yoga ends, people will know if we can give a list that explains what we want.

This is a simple matter. If you ask the AI about the municipality bonds and why they are used, it will give you a list of whether it is responsible, useful or not. I am trying to understand how the AI is saying it. This is a simple question. This is a problem that I face at the end of many meetings. Sherry. Thank you.

Hi, Tiffany Gaspar, Ellsworth. This is the last minute I got to know what this is for. So, how much is the cost of each road that works? I want to ask you what the distribution of these four roads and jobs is. The navigation of the paths. What are the paths that are constantly moving? This is connected to the high street, between the streets. In other words, we had to use grants to pay for what we did not do. Let me say it again, we have to be able to pay this debt in our general account or in the TIF fund. Because it takes 10 years to pay $1,27,000. It doesn't seem like a good financial strategy. The net worth of the network is $50,000 for 5 to 7 years. Why don't we pay for the wayside road? This is a road in a state-owned property. We don't have to pay for it. If you start paying them for the things you have to pay for, they will understand that we will continue to pay for the responsibility of the state. This is closely related. As mentioned in the packet, the county has to pay money to fulfill those responsibilities. So again, where is the county in all this? It is not only for the residents of Kodathi-Ellsworth. Then again when it comes to VTIF, it was announced that 900,000 dollars will be used per year from TIFF to Bayside Road. What is the ETF Reserve Account so far? In the 26-year financial year, your estimated income was 676,38,000. We now have two more TIF districts, the Downtown Corridor and the Central Corridor. What is the actual income? Why is the TIF deficit in the state? In the financial year 2026, the union spent $25,000 on the high-speed internet of the Union River Centre for Innovation. It is not a small amount for the high-speed internet in that contract. It is also a contract that does not even cover its own expenses. It is the money of the beneficiaries. But I have a doubt about the use of these funds personally. It is said that the money in the bathroom of the downtown bathroom church will be donated from the ETIF fund. In fact, ETIF funding is causing many macroeconomic problems. General obligation bonds are helping the growing general fund pool to recover its original position. TIF districts have to forget the property tax baseline for 20 to 30 years. In addition, the fire department in that area has to hand over all the new income from the general fund to the police.

Ms. Gaspar, you have 3 minutes left. Okay, I have almost completed it. TIFs are forced to withdraw from the general fund and a small amount of interest is required for municipal public services. TIFs are more dependent on the city to either increase property tax or pay more taxes to maintain local facilities. This is used as a budgeting tool that is not used in business accounts. This hinders the income of the population, creates financial risk, and weakens the health of our general fund. We have now taken a tan of 3.5 million dollars. The main municipal association Shubharsha does not do this to municipalities that pay half a year. Last year, we took 1.5 million bond for a fire truck and a truck. The cost of the truck has not even been paid. It had to be paid by the end of August this year. This General Obligation should not be passed through the Bond Council. We have enough responsibility. Other New Opinions Robert Grant Senior I didn't want to talk to you tonight, but I wanted to tell you something that I wanted to share with everyone. I took part in the first yoga session about Kodadhi. Everyone knows that I am against Kodadhi and especially against giving money for it. But when I was sitting in this room, Mike Harris woke up here and said, the city will fall on this road. This will cost $7,50,000. Okay, I was against it. Now we have such a great responsibility that even a room full of money cannot fill. What are you thinking? What did you think when you voted for the first time? What did you think? I don't understand it. This is a Hancock County court. I've said this a hundred times. But looking back, we made a big mistake. Can anyone say that we didn't make a mistake there? We put a lot of pressure on the candidates. Anyone. Yes, sir. I just voted for it. I voted for it. I know some people did that. I know. But not everyone did it. It was passed. Oh, yes. It was definitely passed. I didn't want to come back and say this again, but it is absolutely insane to push us into such a situation. This is not the end of it. This is not the end of it. No, sir. Never. Where is the end of this? I heard a rumour about the tender for the road and the surrender. The end of the festival is over. Have you heard anything about it? How much money do we actually have to pay? Even if I ask, I haven't earned it. No, I think it was last Thursday or the end of the festival. No, Charlie. Kid. This is a general matter. Thank you very much. Thank you. My three minutes are almost up. Do you have any other general opinions? Stephen Shea Elworth, I don't want to repeat what everyone has said, but I accept it. I think you people should think about this with more respect. What you are doing here is the reason. This is not the way the city should do business. If you have a bond issue, it is your bond issue. It should be a special one. It was always like that. I was in the CET Council for a long time. We did it like that. We didn't borrow money for a slush fund. That's what you people do on a regular basis. You can continue to say that you have improved the law and we haven't improved it too much. This is a Ponzi scheme. Mr. Grant is completely right. If you think that the people of this city are not healthy because of what is happening on the roads you are building outside Kodadik, you are wrong. That is because of the fact that it is not true. But let me finish by saying that you people should not do this. If you want a bond issue to return, there must be a permanent project for that bond issue. That is what has always been done, and that is what needs to be done. More general opinions. Since I can't see anything, I will end the general hearing. Um, we had some questions. I think we can answer them now. Um, Charlie, if you want, I don't know. Yes, Um, I have some answers for what you said. One is about the possibility of bonding. This is the requirement of a bond bank. This is a 18-page CET Council packet. It contains 3-4 pages that describe what these projects are for. That's wrong. The councillors and the public have made statements that it's not in it. It's all in it. You can go to elseworthmain.gov. You can see the link to the special meeting in the pocket there. Do you want to check it out quickly? Of course. This is a one-year Local Roads program. In this, there is a higher rate of this in the pockets in your seat plan and binders. But one rate of this is also available online. It is about the seat roads that have been chosen as the most essential needs to move forward. It was 11,83,260. It was planned to last for 10 years. It was planned to last for 10 years. It was planned to last for 10 years. It was planned to last for 10 years. It was planned to last for 10 years.

It was planned to last for 10 years. It was planned to last for 10 years. It was planned to last for 10 years. It was planned to last for 10 years.

1,27,183 rupees for 10 years. The basic facilities of the core network switches must be maintained. This is an advertisement from an ID department. It is very important. 1.75 million rupees of narrow-lane extension or court house road, bayside road base 1 design and engineering. This is part of a municipal partnership agreement. The amount is 7,50,000 rupees. For the benefit of the state, the project will cost Rs 7,50,000 from the municipality. Again, how much design and engineering will be required for that Rs 5,000,000? That is something we will investigate in the engineering section. So, if that big B-side road project is to be planned in the meantime, it will take a lot of effort to bring it back to normal. As I said earlier, this is a one-year plan. The total cost of construction that takes place in about a quarter of the urban area will be more than $20 million. So, when we look at the state of the roads, we can assume that it is 20 billion dollars in the last decade. In 2010, when Ellsworth became an urban compact under the census, it was a major part of this that the responsibility of the roads had to be taken over. This is one of the major problems that the city faces when it moves forward. So, that's the special list. If the council moves forward today, As I mentioned earlier, this does not make the city mandatory, and it does not affect the city if a bank is not followed. A local bank can still run the city and then convert it into a bond. According to the recommendation of the director of the city, if the city is to be selected, this bond cycle will be used and the ability to lock those limits will be maintained. I am willing to support local banks, but if we have a bond, then there is no need for a bank. By doing this, our finance director calculates that we can earn more than $2,50,000. To make it clear, instead of giving money to local banks, we can avoid that process and go directly to the bond. If you want to return the money, you can only do that. That's right. I think the finance director has made it clear that the city will be able to get 6% of the debt through this process. I would like to wait until this decision is made, then we will understand. So, if the finance director thinks that this is a better way than to issue a bond, ban, ban, auction. But again, it will take time to make a decision. To get detailed information about TIF and TIF, and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF and TIF and to get detailed information about TIF There was another question. Yes. This is about a primary decision. You know, I put forward three options. I know about the hundreds of people who came here to turn this into a neighborhood zone. I am satisfied with the two parts of the matter. After a thorough discussion on whether it is possible to change the location and work elsewhere, we submitted three options to the council. In this area, it was allowed to build this in the neighborhood zone in Sur Road, but there was no option to do anything. That was an option in front of the council. There was also an option to increase the price of court houses temporarily. In addition to the cost of other self-development activities, when the authorities of the state applied for it, it was a legal and transparent property. Then there was the land swap option, i.e. moving to the Merrill Lane Extension Area, but there was a big restriction on whether a road should be built or traffic signals should be installed there. About the decisions made by the CET staff and other people, some were right, some were wrong, and some were profitable, I will tell you all about the progress. We did not have to work with a builder from Longley Lane. We were able to do it using our own internal resources in Merrill Lane. This helped the city to make a lot of money. Some of this was not as good as it seemed at the beginning. According to the figures two years ago, Rs. 1.5 billion was required, but in reality, it was about issuing a bond of Rs. 1.75 billion. In addition, we also understood that last week's RFP, RFP, or the announcement of the instructions, had come to an end. You are wrong to say that Councillor Ohalhar is not giving details. In fact, apart from providing bond details for each project, all councillors have access to our procurement system, Open Gov. This is one of the major changes we have made to make this more available to councillors and public. And all details are available. This is now in scoring process. It was done as RFB, RFB, one RFB, not RFB, but RFB. Sara, if there is anything wrong with this, you must correct it. This is an administrative issue, but the city of Abirthana for the instructions is getting more and more attention. It was in the RFB. I think it has received four different bids, so I can tell you the number of bids. I am not going to talk about costs or regulations, because the CET staff is still reviewing those recommendations, and they will also give the scoring and the next steps to the Council. The most challenging part of this process is that you do not want to say in advance how much you are willing to spend for a particular unit, because you have to get a high price. That is why it has not been completed yet. It will be available in the E-Council meeting packet. All possible details are provided. It can be in each bid. If we feel that discussions are necessary and that the legal status of the city must be protected in those discussions, we can make a proposal to authorize the CET manager to continue the discussions whether they have reached a consensus or not. We experienced this in the interior bus storage garage area. Even though we had some discussions there, they did not succeed. This can often happen in any discussion, but we would like you to protect the discussion points with other possibilities in order to stop your auctions. It was a very challenging decision for those who had 55 years of experience in this area. I have a lot of sympathy with the man who is speaking here. I felt some of the points that he mentioned in the discussion about the cost of all the volunteers. It became an agreement to change the construction of the fort and to change the land. But when all the legislators have to fill in that bill, some can accept that decision, and some can reject it. The City Council decided to move forward with a vote of 6-1. It created a responsibility that made the city responsible for moving forward. According to the constitutional regulations, we have given a letter of credit in the previous years of the council. That is a responsibility. There is no way to escape from it. The construction of the 50-inch or 60-million-dollar building is in progress. We will try our best to discuss the benefits and costs for the council to reduce as much as possible. We have also submitted bills for reimbursement funding to the legislature. I am going to the county immediately. We will talk in more detail about TAIF, TIF, etc. But it is not an option to go back from the council's three-year decision. So we have to look at completing that part. Living people are desperately trying to make a living. This is one of the most time-consuming things we have to do as a city. What is this? We are announcing information about whether there were houses. Yes, that was most of them. I will try to include other information about the typhoon in the next meeting. Good. Okay, then.

We have a question from the audience. The public hearing is over, Steve. Sir, sir, the public hearing is over. We will not ask any more questions. Just a small comment.

No, sir. Please ignore our rules.

I gave you time to answer your questions and comments. Now it's time for the council to think. So, I have a question.

Sir, please allow the council and our activities. We want to allow time for us to think. Thank you. The CET staff will talk to you after the meeting. Anyway, I know that some of the councillors are dissatisfied with the courthouse road. However, just like the council voted 6-1 two years ago, I still want to recognize this. This is a great opportunity to bring stability to the city. In the next 100 years, this will be a great opportunity for the development of the park in a way that will provide the city with water and drainage. Therefore, I think that my full support for this method will be able to find funds and move forward. After examining several aspects of the Councilor Smith Capital Investment Plan and the bonds, I have a few things to say. There are only three things about the courthouse. I would like to say that the NIMBY is a problem for the people of the island who want a courthouse on their behalf. When I heard more, I understood that there are strong reasons for saying that it is not beneficial for the middle part of the city to not conduct such a big demonstration in rural areas. Through the process we have adopted, it has reached the central part of the city where it can be developed. Although the difficulties at the beginning of this are great, I think we will get the benefit of this when we move forward. We can't do it with the help of the county. You may know the county commissioners. They need to get funds from the county. That's the best solution. But we can't do it with the help of the councilors. We can't do it with the help of the state. However, Senator Grabowski and Representative White and other parties should be given credit. They had issued a bill for funding. I think they worked for $7,50,000. The Legislative Council, representing Elswart, will try again for this. We are trying our best to ask why they have not given their share to the county commissioners. Until then, let's move forward. The second thing you discussed was whether local banks need a big deal or not. This is a complicated situation. Yes, we have to support local businesses, but when we get the biggest deal, we can support all local businesses and residents more. If we go through the main municipal bond bank, make a bulk purchase for bonding with other municipalities, and if every individual in the city is able to earn that money, the shortage of not being able to operate with local banks is increasing. In the third year, when we look at the capital improvement plan, the profit we get when we deposit funds through TIF funds, and as Twila Fisher has said many times, since he intended to save, it comes to $58. Then again, the profit we get when we go directly to the bond rather than saving a bank. That's why the financial aspects of this are important. Another thing is that it is important that a plan is in place now. Sirs, I believe that you are the ones who gave this direction. The things you did in the first two years of mine, especially in the first year, were the same. The situation was that we were thinking about what broke and why we should take bonds. Do you remember Oak Street? It's not there now. When things don't work out, there are commitments that we have to carry out. We have been working for years on these commitments. We are now trying to implement them. I think we need to find a way to carry out these decisions. This should be done as a business. At the same time, it should look like a house. You don't borrow money to clean your driveway, do you? But borrowing money to change the roof of the house is a crime. That's what we're doing. It's a good idea to stop borrowing money according to their usage time limit for things that are more time-consuming. So I'm backing this vote. This is an entry into the bond. I understand that there are special measures that are made clear in the resolution, and that the decisions that go forward will be taken later. I would like to thank the staff for their hard work and the public for their attention and questions. Thank you. Do you have any more comments or questions for the councillor?

Everything is based on needs and desires. Right. Ordinary people go after their desires. What do we actually need? Right. Another thing is that the bond market is very unstable. I know what bonds are given and what are not given in the form of a person who is registered in various groups. The reason is that people register their bonds in bond banks. Okay, so... Is this a good thing? It's not good to put a lot of things in a particular bond. Okay. Is building a fort a good idea? No, no, no. We shouldn't have done all that. We could have said to the main state, no, we can't build a fort here. They are great people, right? They are brave. They can find their own place. Is that right? They could have built a new fort on the site where the fort was built. They could have developed it. I know this. Of course, I know this. Okay. It's not a good thing for the main state to fall. Okay. It's not as profitable to find such a big hole through a bond as it is to find it. Okay, we have already taken a bond on Oak Street as a water line, but we haven't used it so far. If the main state makes any kind of plan and waits for them to issue a ban, it won't work. Due to the uncertainty in calling tenders for road construction, many carers have left their lives behind during this pandemic. Is that right? Many of those construction workers live in other places, right? It is difficult for them to close things. So, if we do anything, we can only see what we really want, not our desires, but what we really need. If you haven't noticed, we haven't received any rain. When it starts to rain, Oak Street will be flooded again. That's why it hasn't been approved. It just feels like it has been approved. If we spend money on things like the park that leads us to Naikal, and if we get the entire amount as a grant, that's good. But will that grant be spent for its maintenance and protection? No. Do we need a dog park? No. Do we need a dog park? Some people do, but we don't need it. In reality, we don't have to spend money on unnecessary things. Isn't that right? That's why I'm not going to vote for this bond. If it's a bond that has only one specific need, I'll vote for it. We need to produce water lines, renovate them, build water lines, and rebuild roads in this process. First, the things on the ground, and then the things on top. Lallithavam Vyakthavam. If there is no proper foundation for a marriage, it will fall apart. Right? But if you want to paint the walls before the house is finished, that's your choice. This is the truth. Right? The city always does things in a straight line. Everything is done in a straight line. Right? We don't need to continue this. Right? Learn from other people's mistakes. One day we will be able to fix it. I don't have a problem. I don't like the courthouse road. I don't have a problem with the bonding to keep the city clean. If we don't do what the main council and three councilors have decided through the developer's approval, we will be in more trouble with the letter of credit.

Smith I support this bond because it will help to meet the needs of the city. It will help to increase the number of jobs in the streets. As a person driving on a road on the other side of the road, engineers have to do all the work on that road. This is not the second way for the 1.5 million people going through it. Then, we have. We have the legal responsibilities to manage your opinions. With a SIP, SEEP or KIT plan, we can call it however we want. This helps us to see things ahead of time. So let's move forward to roads starting on Maple Street, Graymoor Road, McKenzie Road and Redbridge Road. Because a small advance will help you earn a large sum. I think you can earn about $450,000 through this process. Okay. Before voting, do you have any more comments or questions?

Does anyone want to make a statement? A statement has been issued on the 7th page of the staff materials.

This is a proposal to postpone this to the second regular session in September. We have a proposal to postpone it and its details. There is no further discussion about postponing it. Is there anyone who agrees? Those against? The proposal has been rejected. Is anyone ready to postpone the proposal suggested by the staff? Counselor?

Certainly. Yes. Forgive me. I thought it was correct. There you go. Okay, I am ready to give permission. I request you to grant $38,60,443. For the use of the general obligation bonds of Ellsworth, for the purchase of various services, for the provision of roads, sidewalks and other municipal infrastructure, and for those listed on the three and four pages of this Regio. Is there anyone to approve this? Approved. The Prime Minister has approved. Is there anyone in favour?

Will I get a voice vote? Yes. Yes. Yes. Yes. Yes. Yes. Yes. Yes.

Yes. Yes.