PNC purchase discussion going back on the table?
Post new topic   Reply to topic    [http://cranbury.info] -> News | Events
View previous topic :: View next topic  
Author Message
guest1
Guest





PostPosted: Sun, Jun 29 2008, 3:38 pm EDT    Post subject: PNC purchase discussion going back on the table? Reply with quote

Apparently there is a petition being passed around town which will ask the TC to reopen the discussion on the PNC bank purchase. Does anyone know if the TC is willing to consider this? I thought this was over and that we were moving onto more important issues - ie COAH.
Back to top
Guest






PostPosted: Sun, Jun 29 2008, 3:50 pm EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

guest1 wrote:
Apparently there is a petition being passed around town which will ask the TC to reopen the discussion on the PNC bank purchase. Does anyone know if the TC is willing to consider this? I thought this was over and that we were moving onto more important issues - ie COAH.


Without a proposed use of the building, I don't see the benefit of reopening the discussion.

BTW, recall that some said this is such a great deal? If so, why is it still for sale now?

This is a bad deal for Cranbury, and I want to know the motivations behind this petition.
Back to top
Guest






PostPosted: Sun, Jun 29 2008, 4:05 pm EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

Given Pari's comments about the PNC purchase in the paper after the discussion do you think she might be behind this effort. I don't believe that Mr. Wittman or Mr. Panconi will change their mind, so there is no purpose in this petition other than for some group to try and force this through. I have not seen or heard anything, but I would continue to oppose the purchase given all the issues.
Back to top
Guest






PostPosted: Sun, Jun 29 2008, 7:49 pm EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

The problem is exactly what are they bringing back. If the petition perpetuates the myth / lie that they just want to "expore it" more then it is a sham that will injustly fool people into believing it is a reasonable process. If the petition says they want to get the facts and will not make a decision without putting it to a vote of the township electorate, I will sign it. But there's no way that's what they are trying to do -- they are trying to sneak it back to the point where they can unilaterally vote for it without the full support of the township. And they will get a bunch of signatures on a petition where people think they are only signing to "look into it" then claim that is their proof of electorate support.

Shame on them.
Back to top
Cranbury Conservative



Joined: Tue, Apr 29 2008, 9:26 am EDT
Posts: 287
Location: Old Cranbury Road

PostPosted: Sun, Jun 29 2008, 10:24 pm EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

WOW! I am blown away that this is even being discussed again.

What about the COAH rules and the recently signed A-500/ S-1783 legislation? I think that is a bit more important to this town and what we should be worried about.

Maybe they are trying to get everyone to sign this petition before our new increased tax bills arrive in August?
Back to top
View user's profile Send private message Send e-mail
Guest






PostPosted: Mon, Jun 30 2008, 8:11 am EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

The truth is that a lot of Cranbury people focus on the small picture. I am always surprised when I see people who can't name our TC members. There are a lot of people in that scenario.

The Trenton Times has paid little attention to the COAH bills and many residents don't even know this legislation passed let alone the impact.

Therefore, it does not surprise me that some residents would try to get this through again. The good news is that the two TC members who did not want to pursue continue to focus on COAH and the TC does not work for the minority of residents, but the town overall. Therefore, this petition will likely be used by certain TC individuals, but the smart ones will continue their stance.
Back to top
HistoricallyFiscal
Guest





PostPosted: Mon, Jun 30 2008, 5:13 pm EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

I agree, some also have blinders on, seeing only one point of view and not the big picture in Cranbury. Does anyone know who in Cranbury is promoting this petition? I don’t think they realize how all this is interconnected.

If Cranbury buys PNC, they can not cry poverty when dealing with the new COAH tax burden since the township obviously wants to spend millions to build a 2nd library and a new ball field.

If Cranbury buys PNC for millions, the township goes into even more debt so adding to that debt with additional COAH obligations is OK for your citizens – says COAH. I guess its OK to max out our municipal credit limit and use it to spend on these new COAH homes also.

If Cranbury buys PNC ,will less of our tax dollars benefit the current Grade School Library, so the school budget will have to be increased, right?

If Cranbury buys PNC and builds the 2nd library, we will have to raise even more taxes for new renovations, new staff, new expenses, new benefits, etc.

If Cranbury is distracted by a new PNC library, and a new ball field and 500 additional new COAH Homes (no RCAs), we may have gained a 2nd new Library but we would have lost our partnership with Princeton HS as a direct result.

If Cranbury buys PNC, less time/resources will be spent on dealing with COAH problems both by the citizens and TC. And we both have to focus our efforts to preserve the future of Cranbury. Its already happening with this Library petition. If only these same people would use their energy for protecting our Cranbury’s future and the big picture. It would be good to start a petition about the “Unfair tax burden COAH and Trenton are about to enact on Cranbury citizens”
Back to top
HistoricallyFiscal
Guest





PostPosted: Mon, Jun 30 2008, 5:49 pm EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

Forgot the most important one:

If Cranbury buys PNC, we have 1.4mil less in our coffers to fight the unfair practices of COAH. It would be a fate acompli.

We would have no other option but compliance and that would change our township forever.

No more smart growth, no more independence we would have to merge, no more Cranbury small town character, no more blue ribbon schools, and PHS, and low taxes.

but we would have a new PNC library. IT JUST DOESNT MAKE SENSE TO ME.
Back to top
Guest






PostPosted: Tue, Jul 1 2008, 8:51 am EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

This is what annoys me. The TC members voted and it did not pass. We now have COAH passed and there is still money going out on the ball field. At what point do residents wake up and realize that we don't have money for personal projects and that we need to make financially sound decisions. Instead of crying over spilled milk, let's focus on finances.

I was asked last Saturday to sign the petition. The petition is to reopen discussion on the exploration of the purchase. We all know that this is something that if done would go forward without resident input. I really wish people would use this effort at budget discussion time or when real issues come up.
Back to top
Traveler
Guest





PostPosted: Tue, Jul 1 2008, 9:30 am EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

The TC voted against the PNC Bank purchase in a public meeting. Now they might possibly entertain the re-opening of the discussion...am I missing something here? Does anyone know whose spearheading the petition? To me a vote is a vote...this is not a child's game where rules are made up along the way. Let's learn to employ financial savvy or else Cranbury will no longer be the charming little town we all wanted to settle in in the first place.
Back to top
Cranbury Conservative



Joined: Tue, Apr 29 2008, 9:26 am EDT
Posts: 287
Location: Old Cranbury Road

PostPosted: Tue, Jul 1 2008, 9:38 am EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

Who is sponsoring the petition?
Back to top
View user's profile Send private message Send e-mail
Guest






PostPosted: Tue, Jul 1 2008, 10:27 am EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

Traveler wrote:
The TC voted against the PNC Bank purchase in a public meeting. Now they might possibly entertain the re-opening of the discussion...am I missing something here? Does anyone know whose spearheading the petition? To me a vote is a vote...this is not a child's game where rules are made up along the way. Let's learn to employ financial savvy or else Cranbury will no longer be the charming little town we all wanted to settle in in the first place.


I was vocal against pursuing the purchase at the meeting. That said, it should be clarified that the TC did not vote to pursue the purchase or not. They did an unofficial check to see if they might get the required 4/5 majority and when 2 members indicated they were likely to oppose, they stopped the proceeding with no official vote. The fifth member wasn't even officially polled.

So technically there is nothing impeding them from bringing it up again if there are additional facts that would cause the members to reconsider, such as a reduction in price or proof of broad community support. I suspect that is what the petition is trying to demonstrate, though short of a true vote of the electorate I don't buy it.
Back to top
Guest






PostPosted: Tue, Jul 1 2008, 10:28 am EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

Guest wrote:

I was asked last Saturday to sign the petition. The petition is to reopen discussion on the exploration of the purchase. We all know that this is something that if done would go forward without resident input. I really wish people would use this effort at budget discussion time or when real issues come up.


What did the petitioner say when you told them that?
Back to top
Guest






PostPosted: Tue, Jul 1 2008, 12:25 pm EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

I wonder if the petitioner even brings up one of your fiscal points above when they are asking a Cranbury resident to sign it?????

I also would like to know who is the driver of this petition?

and why they are doing it.
Back to top
Guest






PostPosted: Tue, Jul 1 2008, 3:06 pm EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

I THINK it's the historical society that is petitioning people.
Back to top
??
Guest





PostPosted: Tue, Jul 1 2008, 3:19 pm EDT    Post subject: Re: PNC purchase discussion going back on the table? Reply with quote

Guest wrote:
I THINK it's the historical society that is petitioning people.


There are a few historical homes on Main St. for sale now. Is the town going to buy them all?

What's special about this PNC building??
Back to top
Display posts from previous:   
Post new topic   Reply to topic    [http://cranbury.info] -> News | Events All times are GMT - 4 Hours
Goto page 1, 2  Next
Page 1 of 2