by News Staff | Feb 28, 2012 | Government Agencies/Utilities
As Mammoth Mountain CEO Rusty Gregory struggles with low snow, low visitor numbers and a $22 million drop in revenue, he did recently take part in a state commission that spends $57 million on California tourism. In the same conversation with Sierra Wave, Gregory also...
by News Staff | Feb 23, 2012 | Government Agencies/Utilities
Forecasts for Town of Mammoth finances ride the same wave as weather forecasts – dry and partly cloudy. Even as Mammoth Mountain’s CEO confirmed a revenue shortfall of 30% and pay cuts for workers, Town Manager Dave Wilbrecht also confirmed that he and...
by News Staff | Feb 15, 2012 | Government Agencies/Utilities
There were no angry attacks and not many questions Wednesday night when the Mammoth Town Council finally brought the issue of the $42 million lawsuit judgment to a public meeting. Mammoth people did express concern and fear for the future. Officials talked about a...
by News Staff | Feb 13, 2012 | Government Agencies/Utilities
Over the past year, the Mammoth Town Council has been virtually silent about the $42 million lawsuit debt owed to Mammoth Lakes Land Acquisition until MLLA blew the lid off of the silence when they went to court to immediately collect their debt and emailed a letter...
by News Staff | Feb 8, 2012 | Government Agencies/Utilities
From their position in the dark to the harsh glare of a new court fight, the Mammoth Lakes public woke up to the shock that negotiations over the huge debt that threatens their town have fallen through, and that Town finances have worsened. Jay Becker of Mammoth Lakes...