11-1-2008
I received information from Mr. John Meyer finance director of Centerville. I copy you from an e-mail he sent a resident this summer.
From: John Meyer [mailto:jmeyer@centervillemn.com]
Sent: Wednesday, August 13, 2008 11:39 AM
To: Resident
Cc: dlarson@centervillemn.com
Subject: RE: City Debt
The City of Centerville has $8,055,896 in long term debt. Call with any questions.
John Meyer
Finance Director
651-429-3232
I repeat... We have over 8 million dollars in long term debt. That is up from 4 million that Mr. Dallas Larson states we have in 7-17-07 as quoted in the "Quad Press."
Yes there is money in the bank for normal operating expenses and most is ear marked for specific items or projects. It is reckless for a city of 3800 to have a debt so large. And with more unnecessary spending on the way.
