Scribd Logo
Upload

Welcome to Scribd!

  • Read: Hickey, Olney and Ruggiero Respond To 'DISINFORMATION' by Compo Pierce and Smith

    Uploaded by

    Newzjunky
    3K views2 pages
    Council members Hickey, Olney, and Ruggiero respond to claims made by Councilwoman Compo Pierce and Mayor Smith regarding the purchase of the Watertown Golf Club. They state that Compo Pierce and Smith refused to meet with the golf club owner to discuss the purchase or review financial documents, and have misled the public without doing their due diligence. The response asserts that Hickey, Olney, and Ruggiero met with the owner multiple times, reviewed financial statements, and were satisfied the golf club was operating profitably before voting to approve the purchase.

    Original Description:

    Read: Hickey, Olney and Ruggiero respond to 'DISINFORMATION' by Compo Pierce and Smith

    Original Title

    Read: Hickey, Olney and Ruggiero respond to 'DISINFORMATION' by Compo Pierce and Smith

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Council members Hickey, Olney, and Ruggiero respond to claims made by Councilwoman Compo Pierce and Mayor Smith regarding the purchase of the Watertown Golf Club. They state that Compo Pierce and Smith refused to meet with the golf club owner to discuss the purchase or review financial documents, and have misled the public without doing their due diligence. The response asserts that Hickey, Olney, and Ruggiero met with the owner multiple times, reviewed financial statements, and were satisfied the golf club was operating profitably before voting to approve the purchase.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    3K views2 pages

    Read: Hickey, Olney and Ruggiero Respond To 'DISINFORMATION' by Compo Pierce and Smith

    Uploaded by

    Newzjunky
    Council members Hickey, Olney, and Ruggiero respond to claims made by Councilwoman Compo Pierce and Mayor Smith regarding the purchase of the Watertown Golf Club. They state that Compo Pierce and Smith refused to meet with the golf club owner to discuss the purchase or review financial documents, and have misled the public without doing their due diligence. The response asserts that Hickey, Olney, and Ruggiero met with the owner multiple times, reviewed financial statements, and were satisfied the golf club was operating profitably before voting to approve the purchase.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    Friday January 13, 2023

    Press release in response to Councilwoman Sarah Compo Pierce and Mayor Jeff Smith’s
    disinformation
    A lot has been said recently about the purchase of the Watertown Golf Club, Inc. (WGC) and
    addition of important lands to historical Thompson Park. Watertown's litigation attorney
    advised all of us just last week to not discuss any details of the litigation nor anything that has
    to do with the reasons for the litigation. We have adhered to our lawyer’s advice while
    Councilwoman Sarah Compo Pierce and Mayor Jeff Smith have not. Therefore, we need to
    address their disinformation.
    What is important to point out is this:
    1) Councilwoman Sarah Compo Pierce stated yesterday she was staying on City Council
    for the rest of her term and that the main reason was because of the purchase of the
    Watertown Golf Club. There are so many more important issues and projects City
    Council deals with every day and many of those can be found in the $56.5 million-
    dollar 2022-2023 budget. Watertown is not a one issue City.
    2) She cited common sense, transparency and fiscal responsibility but actions speak
    louder than words. Common sense would mean going to meet with Mr. Mike Lundy to
    discuss the potential purchase. Transparency would mean meeting with Mr. Lundy and
    reviewing the financials. Not reviewing the financials of WGC shows a clear lack of
    fiscal responsibility.
    3) Councilwoman Compo Pierce and Mayor Smith chose not to participate in any
    meaningful way. They refused to attend the initial August 31, 2022 meeting. They both
    refused to meet with Mr. Lundy after the August 31st meeting to discuss anything to do
    with the purchase or ask any questions. They chose not to look at and review the
    detailed financial information. They have been the most vocal critics against the
    purchase, yet they are the least informed. Mayor Smith, after signing the asset
    purchase agreement, released confidential attorney-client information 2 days later
    without Council approval and proceeded to publicly recruit people to sue the City.
    4) Ms. Compo Pierce and Mayor Smith did not do their due diligence by getting and
    reviewing all the pertinent information. They did not make any attempt to be more
    informed about the purchase. At any time, they could have met with Mr. Lundy to go
    over the purchase offer, the terms, the conditions, the equipment, the financials, or
    anything else. While transparency was right before their eyes, they closed their eyes
    and looked the other way.

    We all met with Mr. Lundy, some of us several times, and he answered our questions, and he
    satisfactorily addressed our concerns pertaining to the purchase. We reviewed detailed
    financial statements, and we were satisfied with the information obtained from those
    meetings. We used common sense and were fiscally responsible in diligently reviewing the
    financials which showed the WGC was operating profitably. After doing our due diligence, we
    were confident in voting for the purchase. It is very unfortunate Councilwoman Compo Pierce
    and Mayor Smith would mislead the public without having done their due diligence in the
    first place, and their actions only benefit their own personal and political agendas.

    Sincerely,

    Council members Patrick Hickey, Cliff Olney and Lisa Ruggiero

    You might also like