Tuesday, June 11, 2013

Suit seeks to stop Jackson's sale of $90 million bonds

Attorney Herb Irvin, Don Hewitt, and Advanced Technology Building Solutions filed an objection to the validation of $90 million in special obligation bonds for the city of Jackson in Hinds County Chancery Court last week. The sale of the bonds will fund work on Jackson's water and sewer system. Siemens is the contractor on the project.

The objection alleges:

1. The city misrepresented energy savings of $8 million per year over 15 years.
2. There will be no energy savings.
3. The project will require "significant rate increases" even though the supporters of the project claimed there would be none.
4. The bonds are not supported by the city's full faith and credit. However, tax revenue can be seized in event of default.
5. There is no way to pay the debt service without a rate increase.
6. Official statement doesn't address Hewitt's lawsuit against Jackson* (Why should it?)
7. Ah, here is why: They are calling Hewitt's lawsuit a "material litigation matter" as he demanded over $30 million in damages.
8. The city dared to validate the bonds on election day last week. The complaint states the new Mayor will want to re-evaluate the project as well as the bonds.

Hmm..... Mr. Irvin is the partner of Regina Quinn. You don't think...nah, that couldn't be the reason.

*Hewitt sued the city because it would not finance one of his prposed developments downtown.

Note: JJ filed a public records request for the Siemens contract. The city provided a non-disclosure agreement.




11 comments:

Anonymous said...

Who is Advanced Technology Building Solutions and what is their purpose in life??

Anonymous said...

Note: JJ filed a public records request for the Siemens contract. The city provided a non-disclosure agreement.

It is a public record, right? The NDA can't be binding.

Anonymous said...

"Who is Advanced Technology Building Solutions"

The what is Don Hewitt!
Go to Secretary of State and look up "Advanced Technology Building Solutions, LLC".

Don't miss "Advanced Technology Building Solutions, LLC et al v. City of Jackson, Mississippi et al"

Kent Brockman said...

I, for one, welcome our new Lumumban overlords. I'd like to remind them that, as a white interloper, I can be helpful in floating worthless city bonds to line their pockets while pretending to fix the sewers.

Anonymous said...

A lie from any lips is still a lie. A message of truth, spoken by any mouth, is still the truth. It is not "who" that matters most, but what.

A lie by the water deal folks or by the current city administration , or anyone else is still a lie.

The truth, whether delivered by Ms. Quinn's law partner or anyone else, is still the truth.

The lie is the proposed water sewer savings. The truth is that proposed savings is a lie.

Anonymous said...

"Hmm..... Mr. Irvin is the partner of Regina Quinn. You don't think...nah, that couldn't be the reason."

What is the possibility that Regina Quinn was a carefully placed candidate for mayor?
Could it be that she was a Lumumba supporter all along and ran for office to acquire a base and acquired votes that might have gone to other candidates?

Could it be that she acquired her base due to her fresh appeal and intelligence, then handed it all to Lumumba, as planned.
Stranger things have happened in the grab for power.

Anonymous said...

Naw, just voted dead people, 5:08.

Anonymous said...

Interesting concept @ 5:08. In political circles, I believe that is called a "stalking horse".

Anonymous said...

C'mon fellas. That Quinn might be a stalking horse was discussed here on JJ back in March. Please peddle your tricycles a whole lot faster and keep up.

Anonymous said...

7:20, You are saying that this discussion on Quinn already took place a few months back and that participants should keep up. You are assuming a great deal.

Consider this, you know-it-all, not everyone is glued to this site as are some of you KF lapdogs.
You sound a bit like Kangaroo, but then a few of you sound just alike.

I enjoy reading the comments here on a somewhat regular basis, but tune out when folks like you, with your juvenile remarks, try to run the show.
It makes one think that you have nothing else to do but sit there for hours waiting for someone to make a comment that you can attack.
Sad life...

Anonymous said...

Herb worked in the city attorney's office under melton and maybe the first johnson administration.


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