Posted on Thursday, January 17 2008 by Heather Brandon
Come learn alongside Springfield Mayor Domenic Sarno and members of the Springfield City Council all the dazzling details—or at least what can be disclosed to the public—behind how a city investment with Merrill Lynch plunged in value, last said to be a loss of about $12.6 million.
At 11:00 am the City Council is set to meet with various other officials for a debriefing, some (or all) of which may be limited to executive session.
At 12:30 pm the Finance Control Board will host a public comment session prior to its regular meeting, which is slated to begin at 1:00 pm. This newer iteration of the control board, as of last spring, has run somewhat looser and more talkative sessions than the previous version, sometimes starting meetings late and occasionally running very long. Nonetheless, the meetings continue to be very lively and informative, and today’s certainly promises to be that way.