Meetings between officials of the Town of Mammoth and Mammoth Lakes Land Acquisition have been delayed a few weeks. Public review of plans to pay off the Town’s more than $40 million debt will go public after completion of meetings.
In an email, Mammoth Financial Advisor, Marianna Marysheva-Martinez revealed that the Town has asked to postpone the next series of meetings with MLLA, previously planned for September 12th through the 14th. Martinez said the delay is “necessary to give the Town’s leadership an opportunity to spend uninterrupted time to discuss internally the information needed for our future meetings with MLLA, for management to obtain additional input from the Town Council on settlement parameters, and for the Town’s leaders to discuss how to inform and involve the community in this critical process.”
Martinez said that officials determined that the earliest date when all Council members and management are available for an MLLA-specific closed session discussion is September 28th. Martinez said that as a result of this schedule, the meeting with MLLA has to be moved to the week of October 3rd.
Previous meetings were held in Mammoth Lakes last month with a review of financial documents and answers for MLLA’s questions. Martinez had said earlier that the next meetings would be held to “begin brainstorming ideas regarding possible settlement options that MLLA may be interested in and that the Town could afford.”
A public process will follow all of these meetings. Earlier, Martinez had said that after public input, a settlement plan would be introduced to the Council for approval possibly as early as December.
Ken, The reason the citizens of Mammoth voted to form their own town government is because Mono County was not spending Mammoth’s share of the tax revenues in Mammoth. Mammoth was bankrolling projects in the rest of the county. Does anybody really want to go back to the level of… Read more »
According to this wiki page: http://en.wikipedia.org/wiki/Mono_County,_California Mammoth Lakes is the only incorporated town in Mono County. Now if June Lake and Crowley can get along with Mono County government, police enforcement, snow removal etc. Why can’t Mammoth Lakes? And do you really think that the Mono County Sheriff will just… Read more »
If the definition of insanity is doing the same thing over again and expecting a different result, the shoe fits you very well Ken.
i vote for NO LEADERS
Actually it is not in 3-M’s best interest to see this resolved quickly. The longer this drags on the more the Town pays that hefty $4000.00 per week. Obviously Dave Wilbrecht wants nothing to do with administrating this hot potato and the longer he can keep 3-M in the position… Read more »
Declare bankruptcy — close down the whole town — get rid of our town government — revert to Mono County management. The town was incorporated in August, 1984. At the hands of our elected officials, Mammoth Lakes has turned into the bastard child of a strip-mall and a theme park.… Read more »
Agree 100%
Couldn’t have said it better
BRAVO………
great. a meeting to see when they can have more meetings…..makes sence!!!
This needs a referendum. Payment versus bankruptcy, with a financial analysis of the implications of each.
I wonder if this has anything to do with the September 14th closing of the town offices..
No…Ya think
or maybe the town can’t afford the gas money.
Have you seen the gas prices in Mammoth Lately.
Isn’t interest accruing on this while they continue to postpone and delay???
I remain very upset that the Town officals and employees will not even show any settlement or payment options to the public until AFTER they have been determined. So we get public input? But after the fact? Since at least one of the possible plans put forth to date involves… Read more »