Last night’s Bay City Council Heroes are Councilmen Reed and Falgout

By Lana Noonan, Special to Slabbed New Media

The big surprise party for Mayor Fillingame last night was courtesy of Ward 6 Councilman Lonnie Falgout. Falgout confronted City Attorney Rafferty and Mayor Fillingame with documents from the Hancock Bank pertaining to the Restructured Bond Agreement of last summer when the city could not come up with their payment of over 400,000 on Utility system bonded debt.

Falgout asked Rafferty if he was present when the documents were signed–Rafferty replied yes. Then Falgout told the Mayor that he had signed a document with the bank guaranteeing them that payments of not less than $30,000 a month would be DEPOSITED in the debt service holding account for the payment coming up on July 1, 2015.

Fillingame adamantly denied promising to DEPOSIT the money monthly to the debt service account until Falgout read the document aloud to the Mayor and all present. According to Falgout at the last meeting, no DEPOSITS were made from October, 2014 until the end of March, 2015, coincidentally when the Ad Valorem taxes were coming in from the County Tax office. So, what was happening to that “not less than $30,000 a month” promised to the bank under the Mayor and City Clerk’s signature? This is what caught the attention of Councilman-at-large Mike Favre when he didn’t see that account growing to the amount the council had appropriated in the 2014-2015 budget.

This is important because when the Mayor and City Clerk were taken to task several meetings ago about the funds not being deposited on a monthly basis or reported to the Council, the Mayor took the podium and chastised the Council saying–“you can only speak through your minutes, and you have never told us how you wanted it handled.” Mayor Fillingame then informed the council the transfer to the debt service fund would be made quarterly.

Well, get the Mayor some Aricept, because the Hancock Bank spoke through their document requiring the debt service account, the one that Mayor Fillingame and City Clerk David Kolf signed in the presence of the bank officials and the City attorney. Continue reading “Last night’s Bay City Council Heroes are Councilmen Reed and Falgout”