bonds Archives » Cactus Thorns

State Says: Hey 29 Palms Cancel those Bonds!!!

April 29, 2013

On April 13th the City of Twentynine Palms was once again told to Defease or buy back the illegally floated Project Phoenix Bonds in a letter by the California Department of Finance. Once again it is...

How to Defeat Local Parcel Taxes

March 20, 2013

BACKGROUND With limited exceptions, Proposition 13 prohibited local governments from increasing property tax rates in excess of 1% of the “full cash value” of a parcel. As a result, local...

Should the public have a voice when cities venture in bonds, and revam...

March 18, 2013

If you said no you may be a Twentynine Palms or Sacramento city official, a city manager, a law firm raking in the dough from bond ventures, or from the League of California Cities. Should the public...

Where Fools Rush In

April 11, 2012

I realize that the term “fool” has a more derogatory term now than in the early 1700s when the word was coined. The term then meant someone who has behaved foolishly and that is the meani...

Bond Team to Return March 22 29 Palms City Council Meeting

March 15, 2011

Tuesday night’s City Council meeting could well be one of the most important meetings in the history of 29. The Bond Team will return to present information to the Redevelopment Agency regardi...

The fix is in: Twentynine Palms held hostage by debt bond?

March 7, 2011

This is straight out of Jerry Brown’s budget, 2011-2012 proposal. It is found on page 167 of the State of California Budget. It shall change redevelopment funding. It puts the power back to the...

Won’t Get Fooled Again

March 6, 2011

The debate over Redevelopment Agencies is probably moot at this stage in the game. The fate of the RDAs rests in the hands of the State of California. We now need to turn our attention to “o...

	Carey Alderson on 29 Palms Sales Tax Shrink by 4.7% Yes, your questions can be answered for the most part. What do you want to know first? Job breakdown? OCCUPATION Civilian employed population ...
	Carey Alderson on We need a Pledge not another Closed Session it's not all about you Dan.
	michaelv on We need a Pledge not another Closed Session Is Munoz going to go in and tell them they need to retain the firm to represent them in the ...
	Time4David on Luckino Leaves HDWD for Blythe So, is this good news or bad news? It certainly appears to me to be bad timing when ...
	michaelv on 29 Palms Sales Tax Shrink by 4.7% I've been thinking about the situation and there is another area that I think needs to be explored and that ...
	michaelv on 29 Palms Sales Tax Shrink by 4.7% Cronyism and special interests will plague the city until one of two things happen: 1. The City runs out of ...
	Branson Hunter on City manager says he wasn’t pushed to resign No the buck doesn't stop with independent legal counsel, it stops with the five elected decision makers -- and it's ...
	Mark Clemons on City manager says he wasn’t pushed to resign If we have a problem with our city, what do intelligent folks do when they have a problem? Not a ...