Sophistry of the highest order
Forum – I would like to respond to (Council Administrator) Rik Hart’s suggestion that the rate rise (of 15 per cent) is needed beyond three years (CCN301). He has accused…
loan
Council to apply for another loan – this time of $100M
Central Coast Council is on the hunt for another loan, this time for up to $100M. This comes on top of a loan for $50M secured in November and another…
Council is seeking a $100M loan
Central Coast Council is on the hunt for another loan, this time for up to $100M. This comes on top of a loan for $50M secured in November. “Negotiations with…
Why the secrecy over the Council loan lender?
Forum – The Central Coast Administrator states that Council has managed to secure two $50M loans but will not divulge who the lender is. As ratepayers, are we not entitled…
Administrator accepts $50M loan from unnamed institution
Central Coast Council administrator Dick Persson has continued on with a councillor resolution to secure a $50M loan. Persson, installed by the State Government on October 30, called an extraordinary…