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Caller questions city bond notice requirements and HUD oversight of HRD
Summary
Caller Malik Shelton said revenue bonds require public notice and sometimes a referendum, disputed a staff comment to the contrary, and alleged the Housing & Revitalization Department had been reprimanded by HUD for oversight issues.
Caller Malik Shelton identified himself and questioned city statements about revenue bonds, saying: "revenue bonds do require public notice of intent to issue as well as a referendum." Shelton disputed assertions on the record that revenue bonds do not require public notice and said refunding bonds require a council authorization resolution before refunding.
Shelton also alleged that the Housing & Revitalization Department (HRD) had been issued a reprimand by HUD for incompetence, insufficient oversight and potential for fraud, and said it was unclear whether HRD had since "cleaned up their act." Shelton said his assertions could be backed up with laws and urged attention from council and staff.
The transcript records Shelton’s claims and questions; no departmental representative provided documentation or a contrary statement during the session.
