401,870 @ 12:31 pm
McGlynn cut deal with TV3
Dishonest Board of Directors of MCC at Pizza Pow Wows with sleazy Mayor McGlynn slapped cable subscribers in the face while
"the great pacifier" Mark E. Rumley lies, deceives, stalls, and is a huge part of the problem. Rumley and Clerk Finn need to be booted out of City Hall along with the reprobate lame-duck Mayor.
City Solicitor Mark Rumley said the city took possession of equipment from TV3’s former office at 32 Riverside Ave. in January. But Rumley said the city has not received any money from MCC, nor does it know how much money, if any, the organization still has.
According to the review, MCC’s $153,532 in remaining assets as of April 30 were transferred. Jacobson said the figure represents the value of the station’s equipment that was turned over to the city, and the figure does not include any cash.
According to the 990-EZ tax form Pilleri filed with the Internal Revenue Service, MCC had $133,342 in cash, savings and investments on May 1, 2013.
http://medford.wickedlocal.com/article/20140723/News/140729230
According to Jacobson’s review conducted for MCC, the organization had only $95,555 in expenses for the fiscal year ending April 30, 2014, indicating a positive balance.
Jacobson said he could not discuss the source or MCC’s use of the $133,342 because of privacy reasons.
Dishonest TV3 Board of Directors met with equally dishonest Mayor of Medford, Massachusetts, Michael J. McGlynn, and hid the shenanigans from the residents.
Eventually, McGlynn had to shut Tv3 DOWN, and now the Mayor, terrified of being audited, won't allow access TV because he doesn't want to hear the truth.