Sources tell me that Ashton Hayward is NOT leaning toward a third term. Once out of office his ability to drive work to contractors will end at that point. One such contractor is Roads Inc. who has done a large portion of the City's work during our Mayor's tenure. The question being asked by many...has this helped fund projects & other developments and potentially advanced the costs of passive partners???
Roads Inc. 2016 State Filing
After all Redfish Harbor, in which the owner of Roads Inc. and Hayward are partners, does owe its lender about $5 million.
Redfish Harbor Debt
In all likelihood, no ONE contractor would win all $15 million in road work for the City in the next 3 years but:
- Certain contractors could easily do a third or half of the work.
- Other contractors could not take on as much County or State work with a load like 10 years of City paving.
This boom could create the capital to finance other developments to the benefit of ALL its partners.
Those developments may be completed right around the time the Mayor's term ends.
After all, a Two-Term former Mayor needs either a J.O.B. or a check once he's out of office.
Is there any other explanation for this mess???