COAST joined with AFSCME and the NAACP last week at a public hearing called by City Manager Milton Dohoney on the sale of the Water Works. The objections:
1) Ratepayers are being asked to pay $475 million to the City of Cincinnati for assets we already own “because they need the money.”
2) The new entity created in the transfer would have eminent domain powers
3) The new entity created in the transfer would have new taxing powers (in unelected officials!)
Once again, COAST has reached across the left-right divide to create powerful coalitions against wasteful spending and excessive taxation.
A copy of the COAST/AFSCME/NAACP brochure is attached.Would You Pay $475 Million for Assets You Already Own