I read with interest two letters referring to the Kapiti Coast District Council exercising its votes in respect of the upcoming Electra Trust elections (Letters, May 31).
With respect, both writers have missed the real issue - they are not the council's votes. The votes "belong" to the ratepayers as all the activities of the KCDC, acting on our behalf, are ultimately funded from rates.
The only security they can offer a lender for money spent on our behalf is the "rates roll" and territorial local authorities have borrowed for decades in this manner.
Presumably KCDC will ultimately advise ratepayers how they have exercised these votes, on our behalf. And, if not, why not? I look forward to such disclosure with interest.
- Kapiti Observer