As expected, the measure came down to Mayor
The council voted in December to purchase the property, also with a 4-4 tie broken by the mayor. But in January, when
Terms of the financing called for extending the city's current debt an additional 10 years, at a rate of 3.25 percent, and adding
On Monday, with the full council in attendance, Councilman
"We voted to buy a piece a property and then we voted down on the financing," Gearheart said. "Everybody's here. I guess if someone makes a motion, something has to go down tonight, one way or the other."
Gearheart then made a motion to approve the financing, which Cooley seconded.
"If we vote it down one week, can we come back the next and vote it up again?" Stapleton asked.
"The answer is, yes, you can," city attorney
"I'd at least like to separate it out and give the city some protection somehow," Nunnery said.
All on the council appeared open to following Nunnery's request, but no vote was taken on it.
Fannin then addressed some criticism of the plan to borrow money to buy the property. He noted that the project to build the
But Nunnery remained unconvinced.
"We could probably sell some other property to pay for some of it, but that doesn't change the fact that I think we're paying too much for this property," Nunnery said.
Nunnery then asked the same question he has asked in other meetings -- why the city was willing to pay
Fannin said he was never given authority to pay that much for the property at the time.
"I was authorized to offer
Fannin also noted that the property has been assessed for
Nunnery then began asking Fannin whether he had any personal stake in the property, noting the mayor and property owner
"I don't have a penny in this, B.D.," Fannin said.
Nunnery then asked why the mayor was seen on several occasions working at the property before and during the demolition.
Fannin said that at some times, Gray had donated scrap material to the city, and at other times, he was there on his own behalf, after Gray gave him some scrap material.
Nunnery asked Fannin how much he made from the scrap material, to which Fannin responded that he couldn't remember.
Nunnery then accused Fannin of having a conflict of interest, saying he had personally profited from the property the city is buying.
"That doesn't give anybody pause here, that we're paying a lot more for this property, and now we find out that you have a stake in it?" Nunnery said.
Nunnery also accused the mayor of working on city time to extract scrap for his personal benefit.
"Are you not getting paid for being a full-time mayor?" Nunnery asked.
"What we're doing now is campaigning," Fannin said, accusing Nunnery of playing politics ahead of the November election.
Nunnery objected to that characterization.
"The fact is, you've got a personal investment in that property," Nunnery said.
"I'm not making any money on the sale of the property ..." Fannin replied. "[Councilman]
Adams then joined the questioning, grilling Fannin on whether he had worked for his own benefit on city time.
"Everybody that works at this place has to be here at a certain time and leaves here at a certain time," Adams said. "This is starting to stink bad."
"And it will until November," Fannin replied, saying that all of the criticism was borne out of opposition to his re-election campaign.
Fannin said similar objections are raised every campaign cycle.
"After the election, it quiets down for three years, and then it starts up again," Fannin said.
In the end, the vote on financing the center came down to Gearheart, Cooley,
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