by News Staff | Apr 19, 2012 | Government Agencies/Utilities
The Mammoth Lakes community learned very little new information on the grave state of the Town’s finances and dealings with the $42 million debt owed to MLLA when the Town Council met Wednesday night. Assistant Town Manager Marianna Marysheva-Martinez had told...
by News Staff | Apr 13, 2012 | Government Agencies/Utilities
Under a new law that deals with municipal bankruptcy, the Town of Mammoth Lakes could declare a state of fiscal emergency and go directly to bankruptcy proceedings. Mammoth has chosen the other alternative in that law – neutral evaluation and mediation with...
by News Staff | Apr 11, 2012 | Government Agencies/Utilities
Mammoth Town government has a long-term, structural, financial problem that will require more cuts. That’s what Assistant Town Manager Marianna Marysheva-Martinez said when Sierra Wave News asked her if the Town has a chronic lack of money to cover costs, aside...
