One of the reasons given for moving ahead with a $5 million road bond is that prices are currently a bargain for road construction with oil prices falling from their record highs last year. Knowing the reliability of OPEC to have our best interests at heart and noting that gas prices are rising again, I suspect that by the time we really had the engineering in place to improve our roads, these bargain prices will be long gone.
Indebtedness now on a promise of forthcoming funds makes about as much sense as the "economic stimulus package" being signed by President Obama today where the economy is somehow going to be helped by going into further debt. Most of us watch our finances pretty carefully, especially at this time.
Now is the wrong time for our Highland city fathers to be putting us into further debt. I'd be interested in hearing what the majority of Highlanders say by putting this to a vote. Get your name on the petitions being circulated if you haven't already done so to bring this matter before the full citizenry of the city.
Tuesday, February 17, 2009
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