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February 03, 2006
L.A. School District Intended to violate Federal & State laws: Video Blog Rebuttal
In an eight minute Video Blog Rebuttal featured on the URL: http://www.fulldisclosure.net/flash/VideoBlogs/VideoBlog6.htm Anthony Patchett, Former Special Assistant L. A. County D. A.who headed the investigation of the LAUSD Belmont fraud case has attacked the Full Disclosure Network™ video blog citing statements that demonstrate there was an “intent” to violate federal and/or state laws governing the finance and construction of public schools. The video is available "free on demand" 24/7, as a public service.
Los Angeles, CA. (PRWEB) Friday, February 3, 2006 In an eight minute Video Blog Rebuttal featured on the URL: http://www.fulldisclosure.net/flash/VideoBlogs/VideoBlog6.htm Anthony Patchett, Former Special Assistant L. A. County D. A.who headed the investigation of the LAUSD Belmont fraud case has rebutted the Full Disclosure Network™ video blog citing statements that demonstrate there was an “intent” to violate federal and/or state laws governing the finance and construction of public schools. The video is available "free on demand" 24/7, as a public service.
The former prosecutor's rebuttal video blog seeks to substantiate his views that the school district violated state law and or the Internal Revenue Service Codes, referring to statements made in a Full Disclosure interview with David Cartwright, Sr. Partner, O’Melveny & Myers who served as the LAUSD outside legal counsel and Dominick Shambra who was Director of Planning and Development for the still incomplete controversial Belmont project.
In the Full Disclosure video blog Cartwright & Shambra claim that no crime was committed after spending non-voter approved, tax-exempt Certificates of Participation, known as COPs bonds for the design, construction and fixtures to be used by a private enterprise retail development that never materialized. Out of a total $92 million, approximately $72 million of the COP bonds, issued for Belmont, are still outstanding. David Cartwright claimed that private sector sources paid for the retail portion.
The retail portion of the publicly financed project was to be located underneath the Belmont Learning Center which has never been occupied, has cost taxpayers almost a half a billion dollars, was partially demolished in December 2004, slated for remediation of toxic hazards and is soon to be reconstructed.
Patchett rebutted Cartwright and Shambra’s claims saying “If you look at what occurred in the Belmont Learning Complex, using $17 million dollars of COP money to fund the project and then to say well we haven’t committed a crime because we don’t really have retail. However, the money has been spent, it’s just like in any other crime, if you steal money or you if take money with a certain intent, their intent here was to build a retail structure. That is what has occurred they used the money”
In his rebuttal Patchett said “That’s how they were finally able to escape from the grasp of the IRS. The LAUSD indicated, well we have never put a retail structure in there, we put a frame. So now what we are going to do is we are going to build, exclusively a school. And then I say, ‘if you build exclusively a school you violated the law because, you didn’t give the contract to the lowest bidder (as required by state law).’ They ended up giving it to the highest bidder, which, as I have indicated, took a bid of $95 million which was the highest bid and its on it’s way to half a billion dollars.”
Featured in this rebuttal video blog are: Anthony Patchett, Dominick Shambra & David Cartwright, moderated by Full Disclosure Network™ host Leslie Dutton. Both the original video blog and the rebuttal blog are featured on the www.fulldisclosure.net website.
Posted by Industrial-Manufacturing at February 3, 2006 12:15 AM