Showing posts with label A reader asked...... Show all posts
Showing posts with label A reader asked...... Show all posts

Monday, May 18, 2009

Question From Comments....

-------- Your tax dollars at work ---------

Question asked..... "On Franks boys School report it lists $37,748.00 consulting fees and $86,432.00 for professional services do you know who received this money? "

Reply..... These numbers are from the March 31, 2008 summary report and it did not provide details supporting the expenditures reported......

HOWEVER... in Mr. Anderson's September 30, 2007 Affidavit in Exhibit B his financial report did provide some details .... for these and related categories .... to that date.... at least its a start.

Professional Services

02/01/2007 McInnis Cooper $749.00
05/07/2007 Conestoga-Rover $$4,272.53
06/01/2007 McInnis Cooper $$2,877.23
06/27/2007 Nickerson Jacquard $4,933.51
07/05/2007 McInnis Cooper $3,752.02 (entry plus reversing)
07/05/2007 McInnis Cooper $1,823.28
07/06/2007 Consetoga-Rover $223.64
07/31/2007 McInnis Cooper $12,330.53 (entry plus reversing)
07/31/2007 Wheelans White $535.00
09/05/2007 McInnis Cooper $3,132.96
09/28/2007 McInnis Cooper $4,404.85

Total $22,657.75

Consultants & Marketing

05/04/2006 Vibe Marketing & Communication $12,631.26
03/12/2007 MacDonnell Group $13,829.74

I do not have the details for amounts reported at the end of March 2008 but suspect if your could review those accounts you would find that the bulk of the additional "Professional Fees" went to McInnis Cooper for legal fees to continue representing SWSDA, Frank Anderson, Ralston MacDonnell, Bowood and CVN Holdings (the folks who gave Ralston MacDonnell a Loan to purchase the Boys School).

SWSDA had to provide legal cover paid for by taxpayers out of the Boys School Fund for Bowood and MacDonnell because the sales and purchase agreement concluded by Mr. Anderson for the Boys School had a clause indicating SWSDA would do so if Bowood and/or MacDonnell were sued by OPI.

Hope this helps.......