Comments on Advance Indiana™: Citizens Deal Promised Savings But Instead Leads To Skyrocketing Water & Sewer Bills

Well, it wasn't just the stolen money (from ra...

2013-02-23T21:45:20.109-05:00

Well, it wasn't just the stolen money (from ratepayers) water / sewer deal; they got stole money with the 30-year PILOT bond, and as was mentioned the $100 million plus auction rate bond theft.

All on the backs of the ratepayers. No money should have been exchanged for the sewer deal. That is jut another half billion dollars that the ratepayers have to pay back.

Gas and water budget plan for this year is $192. M...

2013-02-23T15:34:58.265-05:00

Gas and water budget plan for this year is $192. Mass transit that we'll never use, but get taxed for. Time to sell the 4br home and enjoy retirement somewhere else.

The $425 million figure often quoted by the Star a...

2013-02-23T10:24:35.655-05:00

The $425 million figure often quoted by the Star and Ballard wasn't even correct. Lykins corrected Ballard in the middle of a news conference to say it was $263 million.

Regardless the City got $263 million that Ballard and the Star lauded as money from heaven. In reality it was walking-away money; when a poor person sells their house to a shady real estate broker, the broker will sometimes give them $300-$500 "walking away money", in cash, at closing. The broker couches this as a goodwill gesture to make sure the now-homeless person can rent a truck or pay final utilities. In reality such a payment is made to make it more likely the seller gets their furniture and crap out of the house.

In this case the $263 million is often mentioned, but not the larger amounts - the hidden tax increases to cover the cost of modernization. Now these costs are coming to light.

For you attorneys, check out state law on ownership and transference of a city sewer system...it will make your head explode, what they did.

What we will soon see is, like with electric and g...

2013-02-23T09:26:47.011-05:00

What we will soon see is, like with electric and gas, taxpayer-subsidised programs at every township office giving out assistance checks for water and sewer bills.

So it will prove to be a double whammy burden on the rest.

The city's stance is someone who sold a broken...

2013-02-23T08:40:16.430-05:00

The city's stance is someone who sold a broken down house for full price and then wants to blame previous owners for the condition. The condition is not the point, it is the amount of money that they choose to grab in the transfer, all so Mayor Ballard could fatten the wallets of his buddies. The city extorted a $425 million dollar payment from citizens as part of transferring control to that non-profit.

In return for that $245 million, they handed control of a monopoly over to yet another non-profit that is run to maximize the amount of salary paid to its board.

I think that the current city administration is somehow the sleaziest, most corrupt, and incompetent group that Indianapolis has ever had, and that the actions of this group will leave Indianapolis more destitute than Detroit.

A long time, in the novel Paper Moon, the con-man talked about never leaving a mark completely broke, you wanted to leave him enough money so he could recover, and be taken again. The powers to be that are too greedy to follow that advice.