Medford officials demand TV3's financial records - How Honest is Mark Rumley with money that belongs to the citizens of Medford?
Rumley's responsibility and obligation is to the cable TV subscribers, not a sick Mayor who is terrified of being scrutinized by the authorities.
http://medford.wickedlocal.com/article/20140723/NEWS/140729230
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By Alex Ruppenthal
aruppenthal@wickedlocal.com
Posted Jul. 23, 2014 at 8:24 AM
MEDFORDTV3’s president says the station spent all of its savings — more than $130,000 — on operating costs before the now-defunct access station’s Board of Directors voted to dissolve the station last October.
But officials want proof, since Medford Community Cablevision, Inc. (TV3’s legal name) is required to transfer all remaining assets to the city before it dissolves.
TV3’s Board of Directors now has until Thursday, July 24 to produce financial records from the station’s final year or it could face legal action from the city.
Last October, the board voted to dissolve the station following seven months of no broadcasting, allegations of racism and other problems.
Although TV3 has been off-air for almost 16 months, the dissolution process requires the nonprofit file paperwork with the state Attorney General’s Office and transfer remaining assets to the city of Medford.
