Uncle Irvin: Rocket science?
10/18/2016 12:19PM ● Published by Richard Gaw
Lennex is not going to resign a cushy, five-figure job. He must be fired by the OASA Board and sued for misfeasance for not warning the OASA Board and residents of the impending financial crisis. Clearly, Lennex's failure to notify his constituents of a bankruptcy due to insufficient revenues to pay interest on a $27 million loan, which precipitated a subsequent knee-jerk response of raising rates 30 percent (which still will not cover the shortfall) is totally unsatisfactory and points out Lennex's shortcomings.
Get rid of Ed Lennex and hire a firm or individual with experience in planning and executing a work-out plan, including selling the OASA to a private company like Penn and New Garden townships did successfully.
The Oxford Borough Council and the Township Supervisors are in over their heads, getting the community deeper into a huge quagmire, and have yet to act.
(Uncle Irvin's column is his opinion only, and is not a news story.)