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The city logic is to make more money - more profit as stated in this article. The economy is awful, and didn't we have a record tax increase?? Property taxes on Mark-up Island went up- recollection of tax increase this year/ highest in state and possibly country? did they forget this? oh, it was marketed to us as a tax decrease (when the city did not get the actual dollars they seeked) but it was still a high increase in down economic times. How many other cities increased property taxes on their residents? This Electric agenda has already been decided by (Arceri and his followers) and this is just steps that the city will follow, to try to get council to go along with them. Looks like they have Gibson convinced,nothing to go with logic with this councilor. Our City does SHOULD NEVER own the electric or any of our utilites, run the city correctly and stay out of our pockets. The city owned water company has doubled (tripled) prices since take over. LCEC DOES A REMARKABLE JOB, AND KEEPS OUR PRICES AFFORDABLE.
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