City Councilman Frank DiCicco will announce tomorrow that he is dropping his bid for a fifth term, convinced he could have won but saying he doesn’t have the “fire in the belly” to face the coming battle over his participation in the controversial Deferred Retirement Option Plan.
DiCicco said a poll he did last week showed his popularity in City Council’s first district was still strong enough to win re-election but that it would have been a tough fight in a crowded field.
“I made a bad decision three years ago to get into the program,” DiCicco said of DROP, which has become a political liability for several Council members this year. “Had I known it would cause all this trouble and confusion, I never would have done it.”
DiCicco, who is set to receive $424,646 in a lump payment for DROP, has attempted in the last 18 months to come up with a politically feasible way to reach reelection. He had suggested that, if reelected, he would donate his Council salary back to the city and only collect his pension payments.