Does Perkins BOE member have conflict of interest?
Doug's question primarily revolves around the fact that Citizens Bank loaned Perkins Schools several millions of dollars to acquire plans for a new school that the majority of the community did not support at the polls.
Doug also asked how is this not a conflict of interest for Chapman and the board of education?
Perkins Schools treasurer Lisa Crescimano provided the following answer:
In reviewing Perkins Schools bank history, it was found that Perkins has used Citizens Bank as its primary banker for over four decades, if not longer.
Mr. Chapman nor the Board is responsible for the choice of banks. The treasurer gets offers from banks and goes to the lowest interest rate, which in this case was Citizens Banking at a rate of 2.79%. Mr.Chapman was in no way involved in the loan process and abstained from voting on granting the loan.
Based on this question, the Register submitted a public records request to obtain the affidavit Chapman should have filed with the Perkins School district, stating his exact employment status with the political agency or Citizens Bank. That provision, among others, is outlined in the Ohio Revised Code.
Once we receive an update from Crescimano, we'll post an update on this Mailbag.