Self-proclaimed 'gadfly' offers financial services to city

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At last night’s City Council meeting, self proclaimed “gadfly” Mike Mohill offered to take on the city’s investment portfolio in lieu of paying the $100,000 for financial reported services requested by the city’s Treasurer Ronald Borucki.

During oral communications, Mohill  railed against the city’s spending. After questioning a number of Glendale Water & Power contracts, he rested his sights on a $100,000 contract the City Council approved with Bloomberg Financial Services.

Bloomberg provides real-time online financial data services, which the city treasurer uses to access investment news and information and communicate with brokers, according to the city report.

“He wants $100,000? I’ll do it for free,” Mohill said.

The city didn’t take him up on his offer.

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Written by Melanie Hicken

October 14, 2009 at 4:24 pm

Posted in politics

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