Let’s Make Your Mayor A Millionaire

by Runner Susan on September 2, 2010

in Good Guys

First, buy a church at the price his investment group paid for it ($930,000). Let ‘em keep the acreage around it. Second, pour $1 million-plus into an extreme makeover, making the surrounding property even more valuable. Third, pave those roads around the property at taxpayer’s expense.

Do the math Argyle. After your town issues another $3.64 million in certificates of obligation, you will be more than $5.5 million in debt — all issued since Greg Landrum has become mayor. He has directly benefited from about 20 percent of that debt.

Since Landrum took office, Argyle has gone from less than $150 in municipal debt for every man, woman and child inside town limits, to about $657 for each person. Argyle’s debt load will soon balloon to about $5,000 per household (or about $1,250 per capita) with this latest spending frenzy. There is no new development coming to support that debt — except natural gas wells being drilled next to our homes and schools.


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{ 4 comments… read them below or add one }

1 chef September 2, 2010 at 9:56 pm

Argyle’s debt, no problemo …. they’ll follow suit with Bartonville and Copper Canyon and ticket cyclists to balance the budget …… just think if they relocated the Hotter’n Hell rally from Wichita Falls to Argyle and Bartonville ….. There were more than 13,000 this year ….. Chief Dave would get in a lot of overtime ticketing those bastard and dangerous cyclists ….

2 Zoe Nance September 2, 2010 at 10:59 pm

You’re awesome! Love this!

You ready to crack open a can of whoop ‘ass…you better be because tomorrow…

3 Bob M September 3, 2010 at 12:18 am

I guess the gas wells aren’t the only thing that stinks in Argyle.

4 Peggy September 21, 2010 at 9:02 pm

Either you ride for the brand, or you don’t.

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