This past week the North Hempstead Town Board and supervisor sought, before it was pulled from the agenda, to raise a $35 million bond to pay for damages awarded against the town arising out of a solid waste management contract lawsuit of the town from the early 1990s.
In short, the town is looking to issue its largest single bond offering in its history without so much as a public hearing to give the taxpayers the opportunity to comment on and ask questions about how the town got into this mess.
I think it is outrageous for the town to consider taking this action without a public hearing into this matter. Better yet, as was done in the case of the county, the town should engage an independent person or entity to disclose the facts surrounding this matter, and to suggest ways that this can be prevented from happening again in the future.
I suspect that this huge liability, which will ultimately be borne by the taxpayers in North Hempstead, is the result of the fiscal mismanagement by the town administration, and the taxpayers deserve to know the truth behind this debacle.
Salvatore Iannucci, Jr.