Friday, October 23, 2009

Re-Election in Full Force

Hello friends,
Lawn signs are available, walking cards are going around, mailers are being sent. Call or e-mail with questions or if you'd like to help - we'd love to have your assistance. Thanks in advance - councilmancurtleng@yahoo.com or 203-887-4599.

Friday, October 16, 2009

Lawn Signs Coming Soon !

E-mail if you'd like one at councilmancurtleng@yahoo.com - thanks so much !

Wednesday, September 16, 2009

Hamden's Democrats Pick Scott Jackson for Mayor 2 to 1

By: Ann Dematteo HAMDEN — Voters came out in dribs and drabs Tuesday, but in the end, Democrats chose Scott Jackson to be their standard-bearer in November by a margin of almost 2 to 1.

The mood was happy and the temperature was hot at Jackson headquarters on Dixwell Avenue, where the numbers were coming in that gave him and his supporters more good news as each moment passed.

Jackson received 2,986 votes to 1,558 for retired fire chief and Councilman James Leddy, D-9.

At the Whitney Avenue headquarters for Leddy, the mood was somber, and supporters could see by the numbers being posted on the wall that their candidate wasn’t going to make it. By the time unofficial tallies for five of the nine districts had been called in, Leddy conceded that his fight against the Democratic machine didn’t succeed.

“I want to thank everybody who gave it 150 percent,” Leddy said before he went to Jackson’s headquarters.

When Leddy arrived, Jackson said, “We have somebody here you all know. Give him a round of applause.” The revved up crowd did. Standing arm and arm with Jackson, Leddy said: “Congratulations on your win. It was a great campaign. You beat us good.”

Leddy then said that he would soon sit down with the Jackson team and “make sure the party’s united” for the November election, when Jackson will run against Republican mayoral candidate Ronald Gambardella, a former councilman.

Jackson was endorsed by the Democratic Town Committee after Mayor Craig B. Henrici decided not to seek a third term. Leddy took the direct primary route. Jackson is Henrici’s chief administrative officer.

Jackson thanked his supporters for everything they did.

“We get to relax tomorrow, and then we’ve got another race. ... There are no substitutes for hard work. We have to remember to work harder and work smarter,” he said.

The results of the Legislative Council races in districts 1, 2 and 9 patterned the mayoral results. Party-endorsed candidate Michael McGarry won over Kevin Bohan in the 1st District, 218-152.

In the 2nd District, the Rev. Anthony Brown, who was party-endorsed, beat Gina Cahill 219-191. In the 9th District, Don Werner got 341 votes to 229 for challenger Dave Howell.

Twenty-eight percent of the town’s 16,042 registered Democrats turned out.

In 2005, 36 percent of just over 13,000 Democrats voted when then- challenger Henrici defeated the incumbent, Carl Amento, in the September primary.

Democratic Town Chairman Joseph McDonagh attributed Jackson’s landslide win to the “honorable” campaign he ran.

“Jim Leddy was ill-used by his managers. The results are because of negative campaigning. Jim’s a good guy. ... I hope he comes back and continues to work for the Democratic Party and the town.”

Asked to react to McDonagh’s comments, Leddy said Jackson won instead of him because, “It’s what the people wanted.”

Tuesday, August 18, 2009

Hamden earns low interest rates on bonds

HAMDEN — The town has obtained low interest rates on bonds it has sold for various projects.

Acting Finance Director Jennifer Charneski said the town received a 0.60 percent interest rate on a $30 million one-year note, a 3.72 percent rate on a $12.2 million tax-exempt bond issue, and a 5.09 percent rate on a $4 million taxable bond.

“We were really pleased. It’s a sign people are confident with our rating,” Charneski said.

About $20 million of the $30 million note will provide cash flow for the first year of the Memorial Town Hall renovation project. The project also includes a police station addition and the refurbishment of Station 4, the fire house which adjoins the town hall at Whitney and Dixwell avenues. The rest of the notes will cover other approved capital projects, she said.

The tax-exempt bond issue includes $2.2 million in pre-construction expenditures for the town hall project and other capital projects, Charneski said.

The taxable bond of $4 million covers a portion of the purchase of the 11-acre Dadio Farm. Investors are paying the taxable rate had to be applied because the town sold three of the four lots at the Putnam Avenue site to private concerns for the expansion of the adjoining industrial park.

The fourth lot was being reserved for a town fire headquarters.

The bonds and notes were competitively sold last week at Webster Bank in Hartford, under the direction of town financial adviser Barry Bernabe and attorney David Panico of Robinson & Cole, the town’s bond counsel.

Mayor Craig B. Henrici said the good news about the bond sale supplements other financial good news the town has received in recent weeks.

Two New York rating agencies, FitchRatings and Standard & Poors, have given the town bond ratings of A+.

“We’re very proud to be upgraded in the worst economy in 80 years,” Henrici said.

With respect to the town hall renovation, town officials estimate there will be a $1 million savings on financing over 20 years because of the low interest rates the town will be able to attain as a result of its improved bond rating. They estimated more will be saved on the other projects because of the low interest rates.

The town had to obtain new bond ratings because of the bond and note sales for the town hall and other projects.

Economic and Community Development Director Dale Kroop said the rating agencies were interested in brownfields that were being converted to housing and about projects that would result in more tax revenue for the town, such as the expansion of Quinnipiac University and Whitney Center.

Monday, August 03, 2009

Hamden bond rating climbs to a stable A+

By Ann DeMatteo, Assistant Metro Editor

HAMDEN — Officials were all smiles Thursday when they learned the town’s bond rating went up a step.“It went up from A with a positive outlook to A+ and stable. It’s fantastic. It’s great news in a recession and for going to the bond market,” said Mayor Craig B. Henrici.

Henrici said he learned of the upgrade Thursday afternoon from the town’s financial adviser, Barry Bernabe, vice president of government finance for Webster Bank.Standard & Poor’s delivered the news to Bernabe, the result of a teleconference Henrici, Bernabe and other town officials had Monday with Standard & Poor’s.Bernabe said he worked closely with Henrici, acting Finance Director Jennifer Charneski, Chief Administrative Officer Scott Jackson and Economic and Community Development Director Dale Kroop on the rating presentation.A rating is necessary before a community plans to borrow money, according to Bernabe and Charneski. Another rating agency will hear the presentation Tuesday, he said.

According to Charneski, the town will receive bids on bonds and notes Aug. 12 for the $36.35 million Memorial Town Hall, police station and fire station renovation project. Jackson said 115 vendors have obtained bid packages. The bids were to be opened Thursday, but because the town and agents for the project are in the middle of answering questions from potential bidders, the bid opening was postponed to Aug. 13.Charneski said the town will take out long-term bonding of $2 million for money already spent on preconstruction work involving the Town Hall project. Then, the town will take out $21.5 million in one-year notes for the first year of construction, based on the estimated cash flow.Also in August, the town will seek bonding on some capital improvement projects from fiscal 2006-07 and 2007-08, including purchase of the Dadio farm on Putnam Avenue.

The highest rating given is AAA. There are three AA ratings, followed by an A+ and below.Rating agencies look at demographics, the management team, a municipality’s debt position and financial performance before issuing ratings.Bernabe said Standard & Poor’s said Hamden had a low debt burden with a faster than average debt amortization. The town has $78 million in debt.Hamden had a AAA rating about 15 years ago, but demographics have changed, meaning wealth levels based on per capita income have dropped over the last 20 years, Bernabe said.The rating agency said the town’s fund balance is adequate, but it would like the town to increase its fund balance, which is now at 4.4 percent, or $7.7 million, of a $176 million budget.“They like to see 5 percent or higher,” Bernabe said.Republican mayoral candidate Ron Gambardella welcomed the improvement in Hamden’s bond rating, but disagrees with the method of achievement.“The Henrici-Jackson administration has obtained this rating off the backs of the taxpayers as a result of three consecutive tax increases,” said Gambardella, saying that he fears a “financial tsumani” without a change at the top.

Jackson, who is running for mayor and is being challenged in a September primary by Councilman James Leddy, said that it was “extraordinary” that the town would get a rating increase in such a bad economic climate and that the town will save a lot of money in bonding because of it.Leddy could not be reached late Thursday.

Thursday, July 16, 2009

75% of Hamden Democrats Endorse Scott Jackson for Mayor

Hamden Democratic Elected Officials Overwhelmingly Endorse Scott Jackson for Mayor

Hamden - In an overwhelming sign of support, the Jackson for Hamden campaign is very pleased to announce the endorsement and support of the following Hamden elected officials who are supporting Scott Jackson for Mayor. This list represents a clear majority of elected officials in Hamden.Announcing their support today are the following:

Council-At-Large

Council President Al Gorman
President Pro Tem Carol Noble
Jack Kennelly
Jim Pascarella

District Council Members

Majority Leader, Matt Fitch, 1st District
Ossie Brown, 3rd District
Gretchen Callahan, 4th District
Kathleen Schomaker, 5th District
Curt Balzano Leng, 6th District

Board of Education Members

Chairman, Michael D’Agostino
Secretary, John Keegan
Valarie Stone
Adam Sendroff
Myron Hul

These elected officials joined Mayor Craig Henrici who immediately endorsed Scott at his campaign announcement on May 14th.”I’m very thankful to have the trust and support of so many great public servants,” said Scott Jackson.

“Receiving the endorsement of these 15 elected Democratic leaders is an overwhelming sign of support from,” said Adam Sendroff, Campaign Manager. “It also shows our residents who their elected representatives have confidence in and feel they can best work with on the issues facing our Town.”

“These are challenging times for any municipality and we need a leader who has the experience to effectively and efficiently manage our Town ,” said Councilman Curt Balzano Leng, Finance Committee Chairman. “Without question, Scott Jackson is the most qualified candidate to manage our Town‘s finances in a responsible and fiscally conservative manner.”

For more information about Scott and the Jackson for Hamden campaign, please contact Scott directly at Scott@jacksonforhamden.com or visit www.jacksonforhamden.com or visit Supporters of Scott Jackson on Facebook.###

Friday, July 10, 2009

2008-2009 Budget Projected to Balance - Very Good News !

By Ann DeMatteo, Assistant Metro Editor

HAMDEN — Despite revenue shortages, town officials believe they will end fiscal 2008-09 in the black.

Acting Finance Director Jennifer Charneski told the Legislative Council Monday night that she was confident that with some transfers, the $174.17 million budget, which ended June 30, would be balanced.Charneski said she doesn’t have exact numbers for any shortfall because revenue is still coming in, and because it will take a few months to reconcile the budget.The town started the last fiscal year in the hole for about $250,000 because the state didn’t provide as much Payment in Lieu of Taxes for colleges and hospitals. But, several other grants brought in more, so the town was short only $181,000 in state grants.So far, the town has a $500,000 surplus on the expense side because of hiring and spending freezes.

But on the revenue side, the town didn’t take in $1.8 million in building permit revenue because of the delay of the Whitney Center expansion. And, building permit revenue from the Quinnipiac University expansion ended up being counted toward fiscal 2007-08.Also, $1 million in anticipated income didn’t come through because the sale of the former Hamden Middle School on Newhall Street didn’t materialize by June 30.And because of the economy, the town took in $550,000 less than planned in interest income.

“It was a difficult year across the board,” Charneski said in a report to the council. “We’re really hoping we break even.”Charneski hopes that shortfalls can be made up by transferring $500,000 to $750,000 from unexpended capital funds into the general fund.The town also will use some of the $6 million it recently received as a result of the transfer of the Wallingford trash-to-energy project from the Connecticut Resources Recovery Authority to Covanta Energy. Of the amount, $2.1 million was used as revenue in the current budget. Some of the remaining $3.9 million will help cover the 2008-09 shortfall. If anything is left over, it will become part of the town’s fund balance, which is close to 5 percent of the budget, she said.

Meanwhile, Charneski told the council she is “very optimistic” about the 2009-10 budget because it was developed based on the experiences of 2008-09. Also, about $2 million in insurance savings was recently realized.The town is preparing to go to the bond market in August. It plans to permanently finance $16 million for capital improvement projects in progress, such as the school fire alarm system and the purchase of the Dadio farm on Putnam Avenue. And, the town will be seeking $20 million in temporary notes to cover cash flow for the start of renovating Memorial Town Hall and the adjoining fire station. The project includes the addition of a police station.After the meeting, several council members said they were pleased that it looks like the 2008-09 budget will be flat.

“We did the best we could,” said President Al Gorman, D-at large. “We’re minding our assets. The economy hurt us and we started the year with a deficit.”