Archive for the ‘Roselle Mind & Body Complex’ Category

Roselle Emergency Meeting Videos

Tomorrow we are supposed to get (a) a decision on whether the Anthony Esposito lawsuit against the Roselle Mind and Body Complex can proceed and (b) the official amount that this project will cost taxpayers, as determined by the ‘professionals’ benefiting from the project.

Tonight, even without that cost number revealed, there was a vote and a lot of public comment. In order of appearance:

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Roselle Emergency Meeting

From the Roselle website, this notice:

Word is that the council and Board of Education are looking to ram the Mind and Body Project lease agreement through before the end of the year since the good guys won some seats on council and BOE in the last election.

Roselle Aware

The site of the proposed Roselle Mind and Body Company pay-to-play boondoggle remains dormant:
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But those opposing the project have been active putting up a helpful website that targets the prime beneficiaries who all happen to be major players in past Union County fiascoes worth exploring.

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Freeholder Defense of Roselle Mind and Body Complex

There is an nj.com story today examining why this proposed Mind and Body Complex is causing tension in Roselle. Not much new information outside of this hilarious quote from freeholder chairman Bruce Bergen:

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Rogut Walks Away From Roselle Project

Tonight’s freeholder meeting had on the agenda a resolution introducing a new pay-to-player in the Roselle Mind & Body Complex saga:

2017-812: Resolution appointing Parker McCay to serve as Bond Counsel and provide bond counsel services in connection with the Borough of Roselle Community and Library Project and Roselle Board of Education Early Childhood Learning Center Project.

The reason for it and an update on the Project:
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New Bond Counsel?

Tonight’s freeholder meeting has on the agenda a resolution introducing a new pay-to-player in the Roselle Mind & Body Complex saga:

2017-813: Resolution appointing Parker McCay to serve as Bond Counsel and provide bond counsel services in connection with the Borough of Roselle Community and Library Project and Roselle Board of Education Early Childhood Learning Center Project.

By way of background, at the beginning of the year we had this resolution:

2017-11: Awarding a contract to Rogut McCarthy, LLC, Cranford, New Jersey to provide specialized counsel services in connection with the issuance of bonds, or notes by the County of Union from January 1, 2017 through December 31, 2017.

For some perspective, Rogut McCarthy, LLC has been paid $1,004,600 from 2004 through 2016 by Union County and has donated $249,305 to all politicians of which $148,48o went to Union County politicians. Parker McCay is a bigger fish having donated $2,752,859 to a lot more politicians with only $10,400 to those in Union County.

Does this mean that Rogut McCarthy, LLC is out or is Parker McCray only coming in for this Roselle project? That will be my question tonight.

UCCF 9/14/17: Roselle Mind/Body Vote Videos

Roselle is moving up to their debt ceiling with this sale (as taken from the EMMA website):

BOROUGH OF ROSELLE COUNTY OF UNION, NEW JERSEY BOND ANTICIPATION NOTE (NJ)

ROSELLE NJ BD ANTIC NTS (NJ)*
CUSIP:

Dated Date: 09/18/2017
Maturity Date: 09/14/2018
Coupon: 2.25 % 
Principal Amount At Issuance: $8,799,707
Initial Offering Price: 101.065
Initial Offering Yield: 1.16

No matter what any Friends of Holley from Elizabeth or the Irvington DPW might tell you, Roselle is maxed out and this project will push them over the edge to bankruptcy. A lot of residents are fighting back but it is not enough.

In order of appearance:
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