From the Woodland Record: On June 2 Woodland City councilman Art Pimentel declared victory in the District 5 Yolo County Supervisor election on his Facebook page. Not only that, he claimed that the newly-published proposed budget for next fiscal year is the one he's been promising voters since January. And if that wasn't enough, he continues to brag about an insignificant budget reserve in the face of a looming deficit. The city's spending plan for next year is $143.53 million and the "reserve" that Pimentel brags about is expected to dwindle to only $2.9 million, or 7.3 % of the budget. The reserve target is 13%, but that number is irrelevant compared to the amount the city owes... about $127,000,000. Pimentel's mismanagement of the city's budget pales to his personal financing shenanigans. If you haven't voted in this race in which the incumbent supervisor Duane Chamberlain has been challenged by the untrustworthy Pimentel, you need to read these articles: APRIL 12, 2012 Pimentel is poster boy for local foreclosure trends MAY 1, 2012 Pimentel's lack of reporting to FPPC reveals a twisted tale MAY 14, 2012 Foreclosure doesn't fall far from the tree, Pimentel and family caught in mortgage games And take a closer look at his approach to other local government issues: Read more at WoodlandRecord.com
Sunday, June 03, 2012
Friday, June 01, 2012
From the Woodland Record: There are four days left until election day. Many voters will make the decision to promote Woodland City councilman Art Pimentel to the next step as a career politician. He wants to be a supervisor, and he's on the ballot to represent Yolo County District 5. Pimentel most likely began thinking of running for supervisor several years ago. And his decision was probably made a little easier last year after his side-kick and District 3 supervisor, Matt Rexroad effectively lobbied to gerrymander District 5. So then it was left up to Pimentel about how to move into the new district boundaries. He decided to short-sell his house (that he had already defaulted on), leaving his neighbors with devalued homes. At the time of the short sale his annual household income was about $143,000. He also had other real estate dealings that he was required to report to the Fair Political Practices Commission, but didn't. What else will Pimentel leave behind this summer when he ends his eight years as a councilman? Read the rest at WoodlandRecord.com.
Posted by Dino at 9:16 AM
From the Woodland Record: You won't find this family history at Ancestry.com, but you might be interested in a common theme between Woodland City Councilman Art Pimentel and his most immediate and influential relatives. In a nutshell, Pimentel was on the deeds to three Woodland properties in 2005... two of which were eventually foreclosed upon and the third was short-sold to avoid foreclosure. Two were not reported to the Fair Political Practices Commission, nor was his employment at a bank. On June 13, 2005, Pimentel bought a house – 1305 Fremont – in Yolo County District 3. Earlier that year, on January 18, Elias (his father) and Margarita (his mother) included Art on two deeds of trusts and a corporation grant deed for 18176 Gadwall Street in Wild Wings. On March 2, Elias and Margarita added Art to the grant deed of another property... 921 Shiloh Court. Apparently, the need for Art to be on three different titles was only temporary... for refinances, lines of credit or for a purchase... because by summertime he was removed from the deeds of the Gadwall and Shiloh properties. Read the rest at WoodlandRecord.com.
Posted by Dino at 9:14 AM