Tuesday, October 29, 2013

Cranley Company Delinquent on 75K Loan From Non-Profit

Mr. Cranley seems to have forgotten to mention that his company is over two years delinguent on a 75,000 loan from a non-profit made as part of the Incline District development. The loan was originally due to be paid off in 2011.

It appears that Cranley has made arrangements to get the loan paid off, but Mr. Transparency isn't disclosing what those terms are. He could have agreed to pay the loan off in 10 years or only when he gets elected. We just don't know since he will not release the detailed agreement to the media.

So, how can we trust Cranley to pay the bills for the City and balance a budget legally, if he and his company can't be trusted to pay back the money he got from a non-profit organization? Cranley helped get the City in the current budget problems we are in. He failed to fully fund his increase in police 10 years ago and he failed to do anything but starve the Pension fund. He thinks everyone will forget his past record of magic tricks to balance the budget, and punt the bill down the road. Those paying attention remember and won't let the rest forget.

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