Another city official called to testify
February 21, 2012 1:13 PM
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Brooke Edwards Staggs, City Editor

VICTORVILLE • The Securities and Exchange Commission is subpoenaing more information from Victorville and has interviewed another city official as part of its two-year investigation into how bond money was spent.

“This request includes an update to the information requested previously, essentially any new responsive documents, as well as additional items making it more extensive,” City Manager Doug Robertson said via email Tuesday. “It will be a burden on staff time but we will respond appropriately.”

The request was dated Feb. 9 with a due date of Thursday, Robertson said.

“We are working with the SEC on additional time to complete the request,” he said, with the issue scheduled for closed session talks during Tuesday night’s City Council meeting.

Since the SEC has characterized its investigation as a “non-public, fact-finding inquiry,” Robertson declined to identify which city official had been interviewed by the federal agency.

Victorville received its first subpoena from the SEC in mid-August 2010, calling for 77,000 pages of documentation on how the city had spent some $480 million in bond offerings.

Several more subpoenas for testimony and information followed, as the city continued taking steps to clean up some questionable bond expenditures. In September 2010, for example, Victorville formalized a 2005 loan where bonds intended to fund improvements at Southern California Logistics Airport were instead used to buy high-priced land for a city library that was never built.

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