Archive for November, 2008



mortgage no secret

November 1, 2008

Contrary to recent comments by some candidates, the Bosa Properties second mortgage has been public knowledge for years.

The Purchase and Sale Agreement describes the payments required by Bosa Properties. The City used a second mortgage as an added layer of protection for taxpayers.

This was certainly no secret. In fact, Jean Kromm, a director for both the White Rock Ratepayers Association and Citizens for Positive Renewal, had this to say in her 2005 Annual Report to the WRRA:
Read on »


riddle me this

In a Peace Arch News article posted today, Councillor Coleridge, who has sat in a White Rock City Council chair for over 20 years now, says this of Mayoral Candidate Peddemors:

I find it very peculiar that, in the middle of a campaign, we would release one document because one candidate has asked for it. He should have asked for it to be made public sometime in the past four years, not during an election.

So, help me figure this out:

  • Coleridge is concerned that people have been asking for this information;
  • Coleridge says Council should have released the document sooner;
  • Coleridge has been on Council for the last 3 years;
  • … why hasn’t Coleridge requested that the document be released?

Why is Coleridge criticizing Peddemors for not making the request sooner, when he’s had 3 years to do it himself, but didn’t?


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