Posted in Politics

Ask Marty this question

   December 4, 2009

If someone knocks on your door asking you to sign the Donovan petition, ask them what is their bond plan? The City is obligated by contract to provide $40 million for the Community Maritime Park. What type of bonds does Mr. Donovan want to have issued, instead of the issuance approved by the City Council on October 8?

The bonds have to be issued – the petition doesn’t negate the City’s obligations to Maritime Park Development Partners, University of West Florida or the Studer Group. The petition can’t reverse the 2006 referendum.

So what is their bond plan?

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