Bond crisis

By From page A5 | June 27, 2014


Once again General Manager Cahill has created an artificial crisis in order to blackmail the board in to doing what she wants. At the May 21 Cameron Park CSD meeting, Cahill scheduled a presentation by a municipal bond brokerage firm from San Francisco. They had been asked to present a refinancing package of the bond that Cameron Park has on its community center. This is a big deal with real-world ramifications and expenses. Yet General Manager Cahill had not gotten any information about this proposal to the Board of Directors until Friday, May 16 when they received their board packets for the next meeting. This gave the board about five days to review a very complicated issue.

During the presentation it was discussed that the board had to make a decision immediately or risk potential higher interest rates and lose out on a $50,000-plus savings for the taxpayers of Cameron Park. The general manager did this in order to back the board into a corner in order to get what she wants. The general manager was intent on providing as little possible notice or opportunity for the board or anyone else to react to what she wants to put in place regardless of whether it is in the best interest of the CSD or not.

There was a great deal of public comment about the way this issue was being presented to the board and taxpayers. Most of it centered on the process of determining which company should rewrite Cameron Park’s bond not on the particulars of any one deal. It was brought up that the general manager repeatedly puts very important topics off until the last possible minute in order to force the board’s hand. The general manager had taken this same approach to presenting important issues to the board on numerous occasions. I have dubbed this management style “management by manufactured crisis.”

At this meeting and past meetings I asked that the board to admonish the general manager for creating these crises and take action to see to it that she stops running the CSD by using management by manufactured crisis. I am again asking them to admonish the general manager and stop her from trying to extort what she wants from the board by putting their backs against the wall time after time. I doubt with the meat puppets that are left on the board this will happen, but one can hope.

Cameron Park

Letters to the Editor

  • Recent Posts

  • Enter your email address to subscribe and receive notifications of new posts by email.

  • Special Publications »

    Use of this site constitutes acceptance of our Terms of Service (updated 4/30/2015) and Privacy Policy (updated 4/7/2015).
    Copyright (c) 2016 McNaughton Newspapers, Inc., a family-owned local media company that proudly publishes the Daily Republic, Mountain Democrat, Davis Enterprise, Village Life and other community-driven publications.