Regarding the Sentinel-Tribune Saturday article about the Otsego School board meeting to discuss leasing
a new building and its discussion with the polished attorney from Squire, Sanders and Dempsey, one of
Cleveland’s largest law firms. You left out some important words and phrases used in that meeting.
Set up a shell corporation, creative financing, no taxpayer vote needed, higher risk loan, lowered bond
rating, word a new levy so you can use funds any way you want to, if school board cannot make payment
the lessee locks the doors and Otsego loses possession of taxpayer owned buildings and property, and
there is a prepayment penalty.
For a voted public board responsible to the taxpayer these are pretty big and concerning words –
especially in light of the recent banking scandals, so what are they doing in a school board meeting?

Maybe even more important, because of these words why wasn’t this idea immediately dismissed? Is this the
way to get around the wishes of the taxpayers and your promise to the villages? Does the end ever
justify the means?
Jim Repolesk
WestonRegarding the Sentinel-Tribune Saturday article about the Otsego School board meeting to discuss
leasing a new building and its discussion with the polished attorney from Squire, Sanders and Dempsey,
one of Cleveland’s largest law firms. You left out some important words and phrases used in that
meeting.
Set up a shell corporation, creative financing, no taxpayer vote needed, higher risk loan, lowered bond
rating, word a new levy so you can use funds any way you want to, if school board cannot make payment
the lessee locks the doors and Otsego loses possession of taxpayer owned buildings and property, and
there is a prepayment penalty.
For a voted public board responsible to the taxpayer these are pretty big and concerning words –
especially in light of the recent banking scandals, so what are they doing in a school board meeting?

Maybe even more important, because of these words why wasn’t this idea immediately dismissed? Is this the
way to get around the wishes of the taxpayers and your promise to the villages? Does the end ever
justify the means?
Jim Repolesk
Weston