Letter to the Editor: What about paying back the bonds and loans?

To the Editor:

The latest mailer by the “Yes” campaign for Proposition 1, and Councilmember Doris McConnell’s use of it in her letter to the Shoreline Area News, undermines the “Yes” campaign and her own credibility. Both mislead voters, which is very disappointing.

The mailer and Ms. McConnell says that ratepayers with have “100 percent reinvestment” in infrastructure. What about paying back the $40+ Million in bonds and short-term loans that Shoreline City Hall will need and the additional $50+ Million after 2020?

Both say that voters specifically mandate the acquisition price, but Shoreline’s City Attorney said that the price can vary without becoming a legal problem.

Ms. McConnell and the mailer say that water bills will not increase, but minutes of negotiations between SPU and Shoreline (dated 2-22-2012) reveal that Shoreline’s rates will be higher than SPU’s.

All that the citizens of Shoreline expect is that their elected officials will be honest and above-board in their decisions. Why is that not happening?

Art Maronek

Shoreline