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Mayor Ted Andrzejewski
Mayor of Eastlake Ted Andrzejewski

Mayor Ted Andrzejewski has been Mayor of Eastlake since he was elected in 2004. He was re-elected to the Mayor's Office in 2005 and again in 2009. In a short time, Mayor Andrzejewski has had to deal with managing considerable responsibility with limited resources. He enjoys his role as Mayor and claims to be in the job for the long haul.

Mayor's February Report

Dear Residents:

So far this winter we have been very lucky with the mild weather. It helps save the city money on both the cost of salt for the roads and for the cost of overtime for our employees to plow the streets. We will continue having Service Department employees on all three shifts to be available for plowing as the snowstorm occurs. We also have some employees on duty from Tuesday thru Saturday as well as Monday thru Friday.

In December we refinanced $9.5 million of Stadium debt to take advantage of the low interest rates. The result is a savings to the taxpayers of $756,000 or $47,250 per year. This did not extend the length of time to pay off the loans which will be paid off in 2027. Similar to a home refinancing we saved money by getting a lower interest rate on the $9.5 million of bonds. When I became Mayor I indicated that we were going to manage the stadium debt and over time reduce the debt as best as we can. With this latest refinancing we have reduced the Stadium debt from a starting point of $48 million which includes the interest on the bonds to total remaining of $19.4 million. This represents a 60% reduction in the stadium debt. In 2003 we had to use $1.3 million each year out of the general fund to pay the loans .That number is now down to $580,000 per year. It is still quite a bit of money but it is certainly better than where we started. Mike Slocum, our Finance Director, did an excellent job of putting together the paperwork and numbers to get the refinancing accomplished. We will continue to look for ways to reduce the Stadium debt in future years.

Many residents have asked for an update on the new Super Walmart that will be built at the old Kmart property. The project is proceeding and the Walmart representatives have told me that they will go out for bid on a General Contractor for the project in late February. The general contractor will then begin the work to hire contractors both to tear down the existing building and then to build the new Walmart. I will keep our residents informed as the project moves forward.

Until next month stay warm and enjoy the winter sports.

Thank you,

Mayor Ted Andrzejewski 

Archived Mayor's Reports:

February 2012

January 2012

December 2011

November 2011

October 2011

September 2011

August 2011

July 2011

June 2011

May 2011

April 2011

March 2011

February 2011

January 2011

December 2010

November 2010

October 2010

September 2010

August 2010

July 2010

June 2010

May 2010

April 2010

March 2010

February 2010

January 2010

December 2009

November 2009

October 2009

September 2009

August 2009

July 2009

June 2009

May 2009

April 2009

March 2009

January 2009

December 2008

November 2008

October 2008

September 2008

August 2008

July 2008

January 2008

December 2007

September 2007

August 2007

July 2007

June 2007

 
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