The June 21 article, written by David DeBolt, talks about how Menlo Park City Manger Glen Rojas wants a loan extension on his tax-payer-funded loan.
The Daily Post does not have a website I can link to.
Some highlights include:
"As first reported in the Post, Rojas has struggled to sell the Southern California home and was working behind closed doors with City Attorney Bill McClure, Mayor Rich Cline and Councilman Andy Cohen to amend the original agreement."
"Now, a city report by McClure said Rojas doesn't expect the sale of his Rivreside home to cover the $127,000. The council tomorrow is expected to change the language of the 2008 agreement to allow Rojas until February 2011 to pay the full balance of the loan."
"A second amendment to Rojas' contract occurred on Sep. 23 2008. That included a 3.9% one-time pay increase boosting his pay to $220,434 [before bonuses and gifts] that year."
"The issue is included on council's consent agenda for tomorrow [Today, Tuesday June 22]."
"Members of the community, however, can weigh in during public comment."
Council meets tonight at 7pm inside the City Council Chambers, 701 Laurel Street.
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Should Rojas be allowed to keep stringing us along? He is trying to sell his Riverside home for $410,000. It is clearly overpriced since it has been on the market for so long. It seems that Rojas does not want to sell his house immediately and fulfill the original contract with Menlo Park.
Would your bank let you extend your contract if you were in a similar situation? Would your bank care if you couldn't sell your overpriced home? In reality, if you were in a similar situation, you would have to sell your house at whatever price or suffer the consequences.
The Bank of Menlo Park (us taxpayers) should not amend the contract!
