I want to thank everyone who took the time to comment on this issue before the vote. I read all of the comments. I did vote for the bill. The House did strengthen the bill on the floor in one important respect. We gave the financial overseer the power to trigger a financial control board at any time.
Legislative News
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Lawrence financial crisis in perspective
Although it is true that Lawrence is a relatively poor city, Lawrence’s financial crisis largely reflects relatively recent municipal management decisions, some fairly attributable to the recently ousted Mayor. And that is grounds for believing that the crisis may be easier to resolve than some fear.
Confusion on borrowing sources in the Lawrence Bill
The Lawrence Bill allows the city to fund its deficit by borrowing from Wall Street, not the Commonwealth. Some confusion on this. A reasonable bill, but there is much work to be done in the City which has about 80K population in a six square mile area.
Lawrence
This seems like a reasonable first step to aide Lawrence toward fiscal stability. I favor you voting yes. George Kenrick
Lawrence Bail-out bill support
I’m also in support of the bill – but I think it should be made contingent upon the newly-elected mayor resigning his State Legislative seat. There are still many, many people of out work (my one year anniversary is this month), and even a paid, representative position would help someone else struggling with unemployment. -Tim …
In favor of support for Lawrence
Hi, Will. I am in full favor of supporting the bill. I worked in Lawrence for eight years and have a strong attachment to the place. I agree that unusually feckless government is not the problem. Lawrence has struggled hard since the bust of the mill town days and deserves a chance to pull itself …