Town of Mammoth officials continue to hand out detailed information to officials of Mammoth Lakes Land Acquisition, the Santa Monica firm that holds the big $41 million airport lawsuit debt against Mammoth. Officials from both sides will sit down for a conference call next Monday.
Consultant for Mammoth, Marianna Marysheva-Martinez, told Sierra Wave that the Town continues to provide information to MLLA on a weekly, if not daily, basis. She said there are still some outstanding questions, some of which require an extensive amount of work by the staff.
Martinez named some examples. She said MLLA wants a detailed schedule of all Town assets – land, rights of way, vehicles. “It takes time,” she said. Martinez also said that MLLA wants a lis of quantifiable benefits from air service. She said the staff is struggling with that one because studies deal with national multipliers and not specifics on Mammoth Airport.
Why do MLLA officials want all of these details? Martinez said her educated guess is that they are “trying to see the return on Town investments – whether high or low.” Martinez said that MLLA looks at things through the eyes of business, not necessarily public service.
On Monday, July 25th, officials of the Town and MLLA will talk on a conference call to discuss the status of things and when they will start to talk about options available in the settlement of the debt. On the Town’s side, Town Manager Dave Wilbrecht and Martinez will handle the call. For MLLA, Jay Becker and Terry Ballas are expected on the other end.
Martinez said they will not engage in formal settlement discussions Monday but exchange ideas in a “brainstorming process.” As for Town government, Martinez said things are happening every day but that “We have this ship under control.”
40+ million judgement while Rusty sits in his cash paid for new home… something about this SUCKS. Thanks to the man in black for NOTHING!
PS Johnny Cash is the real man in black you wanna be
Rusty’s a private businessman. You’d be better off worrying about the over paid people within TOML.
So Rusty has a new home, I think that’s great.
YAY! it’s my birthday, it’s my birthday….I’ve got constituents now! YOU WILL OBEY ME!…it’s good to be the king. wait,… what? When did I get constituents? Well, with or without, it doesn’t change the fact of this matter that there are no quantifiable benefits to the Town from air service… Read more »
The problem with HH is that he “Doesn’t want to hear about it.” Unless, of course, it’s coming from one of his good ‘ol boy constituents.
The problem with HH is that “He doesn’t want to hear about it.” Unless, of course It’s coming from one of his good ol’ boy constituents.
Bean counting for the instant moment has always been the hallmark of small minds. No air, no class, no interest except from whomever drives up from L.A. because they can’t afford to fly elsewhere. This is the kind of resort some folks want?
Thanks, Mom . . .
No, of course not. We want our town to be a resort full of fractional ownership condominium hotels and empty second homes for the elite class of So Cal that only fly up here on weekends to harangue their home owners associations and grounds keepers. In fact, we should close… Read more »
You’re absolutely right, John’s Mom…I mean “A Fan of John H”…let’s throw a bunch of money at the airport and hope…wait, that didn’t work…well, let’s do it any way again…wait, there are no more beans.. I’ve got it, let’s diss the thousands and thousands of visitors from L.A. that HAVE… Read more »
I sure hope those powers that be read the papers…or that those at the airport CAN read a paper. I also sure hope we don’t have any airport grant projects that now we’ll be completely on the hook for, further adding to the quantifiable NON benefits of the air service… Read more »
On January 9, the Los Angeles Times covered the breach-of-contract appellate court decision in Mammoth Lakes, California in which it noted that it appeared similar to the Alameda Point lawsuit in the Bay Area. There as here discussions have taken place over possible filing of municipal bankruptcy although it appears… Read more »
The above comment by HH sounds like a disgruntled supervisor that is double dipping from the government trough. That stated, as a person that lives outside of the Town Limits, the airport has opened up a whole new portal. Family and friends use to say they could not visit because… Read more »
That is a rather broad statement. I would like to see some facts and figures. As for Mammoth — in 2010 there were 14,400 “enplanements”. Not really sure what that means but if it mean 14,400 people flew into Mammoth — that’s about one average busy weekend. Not my definition… Read more »
John H: You need to sign up for a course in inductive reasoning or, better yet, basic logic. Your wild assertion that HH may be a county supervisor, probably the number two worst insult that there is in Mono County, almost tripped me into thinking that you may be a… Read more »
i don’t think there CAN be a list of quantifiable benefits from the air service. We can calculate what a month or even a day costs to run the airport…from the wages and benefis paid to incompetent staff, the subsidies paid to the airlines to actually stop here, to the… Read more »
“Martinez also said that MLLA wants a lis of quantifiable benefits from air service. ” You know, I would like to see that also. And I think that should be public information on the town’s website — updated monthly. The supposed benefits to the community that the airport is supposed… Read more »
I sure hope the town shows them everything Including the “unfunded pension obligations”
LOL