I just spoke to Councilman Jim Madaffer. I didn’t manage to get hold of him before we ran this story on Tuesday about the bonuses and other payments made to top officials at the Southeastern Economic Development Corp.

Madaffer was mad.

He said this week’s story was “the straw that broke the camel’s back” when it comes to SEDC, and called on the City Council to immediately appoint a receiver to take over administration of the agency and for its immediate disbandment.

“SEDC has long been suspected of all kinds of shenanigans, and when I saw this, that’s it,” Madaffer said.

Madaffer said SEDC should be absorbed into the city’s Redevelopment Agency, which is directly overseen by the City Council, and that Smith and other executives should immediately be terminated.


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