What happened: Weeks after a Palm Beach County budget hearing ended with residents ordered out and a human rights attorney arrested, opponents of the county’s Israel Bonds investments plan to return to commission chambers Tuesday.
Background: The Internationalist Law Center says more than 50 South Florida residents are expected to attend to urge officials to halt what organizers describe as an upcoming $67.5 million reinvestment in the bonds. Public comment is scheduled for 2 p.m.
at the county Governmental Center. Tuesday’s meeting is a regular commission meeting, rather than a budget hearing, and its published agenda does not list a vote on an Israel Bonds purchase.
Palm Beach County announced in January that its holdings in Israel Bonds had reached $1 billion. The bonds are loans to the Israeli government that earn interest.
Opponents argue the county should direct its money toward local needs. Organizers say they are seeking to stop a $67.5 million reinvestment on Nov.
The planned appearance follows a contentious September budget hearing at which the same organization said it mobilized nearly 100 people to oppose the investments.
The available details are limited to the information verified at publication time. Readers should expect updates as the matter develops.
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Source: official sources including CBS12 News.
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