Oppose Funding 4 Courthouse Square. It just isn't worth it! Tell Santa Rosa City Council you DEMAND the money be spent for affordable housing... NOT a $10 million dollar Courthouse Square! Santa Rosa's Downtown Courthouse Square is a $10 million dollar form of under-disclosed taxpayer debt* that will total $20 million (with loan interest) if City Council blocks our right to vote. Funding has NOT been voted in by City Council. Old trees will re-grow. New trees will be planted. Overcome further financial loss with our VOICES! Oppose Funding! Attend City Council meeting on Tuesday, March 15, 2016 @ 4:30 PM... ending at 8:30 PM... 100 Santa Rosa Avenue, Santa Rosa. Update! CONFLICT of INTEREST: On September 22, 2015 City Council "motioned" to direct Santa Rosa City Staff to work with "The Coalition to Restore Courthouse Square" to explore finance options, but to the exclusion of other citizens or groups. Demand City Council Stop this IMMORAL and UNETHICAL ACT. Tell them to RECALL Courthouse Square Resolution and put it to the peoples VOTE! *Definition of Certificates of Participation (COPs): a method of leveraging public assets (as in SANTA ROSA CITY HALL) and borrowing all or a portion of the value of a public agency's equity in those assets (CITY HALL) in order to finance other assets (as in SANTA ROSA COURTHOUSE SQUARE). Borrowing equity by way of Certificates of Participation is paid by taxpayers through the city's General Fund at a HIGHER INTEREST RATE than a voter-approved tax. This finance scheme is a NO VOTE form of taxpayer indebtedness typically used when a city government knows it cannot get the 2/3 required vote from a conventional tax referendum. "A $10 million project, if fully funded with such certificates, would cost the city’s general fund about $670,000 per year for 30 years, or a total of $20 million." Source: Press Democrat, Sept. 15, 2015.