Delco Prepares To OK $74.5 Billion Bonds — Delaware County Council, yesterday, March 6, held the first reading of an ordinance to allow it to issue general obligation debt of $74.5 billion to pay for infrastructure projects.
Solicitor Jonathan Lichtenstein said it was not expected that the entire allowable amount be borrowed.
The maximum interest rate allowed would be 6 percent.
Council also recognized March as National Women’s Month albeit the definition of a woman was left undefined.
The county-owned Fair Acres Nursing Home in Middletown was recognized for having been declared one of the nation’s best nursing homes by Newsweek magazine.
Council approved 31 consent items. These included an agreement of sale with Commonwealth Land Title Company to buy 123 N. Olive St., Media for $775,000 and a contract with WGL Energy services to become part of the Sustainable Energy Partnership of Southeastern Pennsylvania for five years at 67 cents per megawatt hour.
Councilwoman Elaine Paul Schaefer commented and expressed great approval at the latter one.
Public Defender Again Criticized
Former public defender John Baldini (phonetic) of Upper Darby again criticized how Chris Welsh is running his old department. He took issue with statements by councilmembers defending Welsh last month.
Baldini said things are much worse. Judges previously had three public defenders of varying degrees of experience and the younger ones were mentored by the older. Now indigent defendants have access to just one inexperienced attorney, he said.
Delco Prepares To OK $74.5 Billion Bonds