CJ Comu Flyer Regarding Debt
The cruel irony of the CJ Comu flyer regarding debt is that CJ Comu is the one who can’t manage his financial affairs…. Not the Town of Addison. The Town has the highest credit ratings awarded by both S&P and Moody’s rating agencies. These coveted credit ratings are something only 10 cities in Texas have reached. Do a web search using Comu Bankruptcy and you’ll find the ugly truth. Mr. Comu filed Chapter 7 bankruptcy almost a decade ago, was denied his discharge because he lied numerous times under oath about his assets to the Bankruptcy Court. At present Mr. Comu is on the hook for over 6 million dollars. This may be why he doesn’t share his home address on any of his campaign material. Do a search for Comu as an owner on the Dallas Central Appraisal District and you will find nothing. Do a search at the address in which he currently resides, and you will find that Continental Partnership Inc is the owner of 14873 Oaks North Place, Dallas, TX 75254-7634. This is the same address with the CJ Comu for Addison City Council billboard in Oaks North.
The flyer poses questions such as, “DO YOU KNOW WHERE $41,000,000+ WENT?” and ““DO YOU KNOW WHO GOT THE $41,000,000+?” as if the amount stated has been spent and has been given away to individuals. He also includes statements such as, “WITHOUT YOUR KNOWLEDGE” and “WHY IS ADDISON SLIDING DOWN THE DRAIN”. The truth is if CJ or any serious candidate would attend City Council meetings or simply watch them (live or replay on the Town website) he/she would know that nothing approved by City Council is hidden. Anyone can watch City Council meetings and keep up with the business of the Town. Many residents subscribe to the Weekly Update from the Town of Addison. The residents who do keep up realize that we are now in a redevelopment phase and plans are in place to reconstruct an aging Midway Road, build a U.S. Customs and Border Protection facility, replace the fire truck dedicated to airport emergencies, build out more water and wastewater projects and pay for the infrastructure at the new Addison Groves development. We can pay for major capital expenditures over the life of the asset with debt or try to start saving for them quickly with a significant tax increase. In the case of a significant tax hike voters would need to approve that before proceeding.
CJ’s flyer further states, I WANT ANSWERS AND I WANT TO KNOW WHY ADDISON IS GETTING DEEPER IN DEBT” in all caps as if he is yelling. CJ should focus his energy on trying to repair his credit and starting a debt repayment plan rather than asking voters to “ELECT CJ COMU TO FIND OUT WHAT’S GOING ON”. If CJ truly wants to find out “WHAT’S GOING ON” he needs to take an active role by learning about our Town and how a municipality functions.
The truth is that we have a great Town, that is fiscally responsible, with the highest credit ratings and we are not the one as CJ puts it that is “SLIDING DOWN THE DRAIN”.