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Posts published in “Day: March 24, 2022

Chamber considers H/L Plan, and Management District

Chamber Director Jessica Woods presented details of the Highlands/Lynchburg Plan, and a Management District proposal, to the Chamber luncheon meeting.

By Gilbert Hoffman

HIGHLANDS — The Chamber luncheon last week included a presentation, and discussion, of the Highlands/Lynchburg plan that Pct. 2 has commissioned, and also a discussion about whether the Highlands area should have a Management District to help implement the many facets and suggestions in the H/L Plan.

Chamber Director Jessica Woods led the discussion, with the help of Chamber Board chair Randy Casey. A small group of chamber members also participated, with their opinions and experiences. The plan was presented with slides, prepared by the consultants. These are Goodman Group, and Clark-Condon, as well as staff from Pct. 2. In her presentation, Woods made the point that the Chamber has not taken a position for or against the plan, and that it was still under discussion by all parties including the public.

The H/L Plan has been worked on for about 9 months, with presentations to the public, surveys and study groups and feedback incorporated. It is due to conclude in April. Through community engagement, outreach, and surveying, the issues and concerns identified by the community have been translated into three main objectives for the community plan:

Crosby ISD settles Fraud charges with SEC

SEC Charges Texas School District and its Former CFO with Fraud in $20 Million Bond Sale

Washington, D.C.— March 16, 2022 – The Securities and Exchange Commission today charged Crosby Independent School District (Crosby ISD) and its former Chief Financial Officer, Carla Merka, with misleading investors in the sale of $20 million of municipal bonds in order to pay its outstanding construction liabilities and fund new capital projects.

The SEC also charged Crosby’s auditor, Shelby Lackey, with improper professional conduct in connection with the audit of the school district’s 2017 fiscal year financial statements.

The SEC’s complaint alleges that Crosby ISD, which serves approximately 6,400 students outside of Houston, failed to report $11.7 million in payroll and construction liabilities and falsely reported having $5.4 million in general fund reserves in its audited 2017 fiscal year financial statements.

According to the complaint, Crosby ISD and Merka, who was responsible for Crosby ISD’s accounting and was the primary contact during the bond financing process, were aware that the financial statements significantly underreported the payroll and construction liabilities. Crosby ISD and Merka knowingly included the false and misleading financial statements in the offering documents used to raise $20 million through the sale of municipal bonds in January 2018.

New City Manager for Mont Belvieu

MONT BELVIEU – Brian Winningham has been selected as the new city manager for the City of Mont Belvieu. Winningham was one of three finalists resulting from a six-month long nationwide search conducted by Strategic Government Resources (SGR) and the Mont Belvieu City Council; he was chosen for the position after final interviews that were held on February 18 and 19.

“We are excited to add Mr. Winningham’s experiences and vision to our city. We feel he is the right person to lead our staff during this time of unprecedented growth in Mont Belvieu,” said Mayor Nick Dixon.

Winningham’s contract with the City of Mont Belvieu was approved by the City Council during their regular meeting on Monday, February 28; his first day with the City of Mont Belvieu will be Monday, April 11.

About Brian Winningham