After four months of actual negotiations with Mammoth Lakes Land Acquisition, the Mammoth Town Council met again Monday afternoon in closed session to come up with a response to MLLA’s latest proposal. The Council adjourned Monday’s meeting to another closed session Wednesday, February 8 at 8am. The two sides continue to talk about the $42 […]
As Town officials continued to meet with Mammoth Lakes Land Acquisition officials Monday and Tuesday, it was decided to call for a closed session with the Town Council on Tuesday to brief the full Town Council, according to Mammoth Financial Advisor Marianna Marysheva-Martinez. Martinez and Town Manager Dave Wilbrecht still plan to speak to the […]
In the confusion of a fast-forward budget and crashing debt, one more report surfaced – that Interim Town Manager Marianna Marysheva-Martinez wanted to be the Town Finance Director. When asked about that, Martinez said an emphatic, “No.” Marysheva-Martinez told Sierra Wave that she has never been interested in a finance director position. She did say […]
Speculation in Mammoth Lakes over the staggering Town debt and local officials takes new twists and turns daily. One of the rumors said Mammoth Lakes Land Acquisition, the holders of the $30 million court judgment, may want to form a citizens’ focus group to work on the settlement. Council members had not heard this and […]
“Everybody has it on their minds,” said Mammoth Town Councilman Rick Wood. He referred to the some $40 million airport lawsuit debt that the Town will have to pay. Citizens fear the impacts, and rumors circulate daily and point to multiple, possible scenarios. We checked in with Councilman Wood, who has attended meetings with the […]
We saw the devil the other day. He was wearing an Anthem Blue Cross Insurance T-shirt. That was on Monday. The rest of the week he wears the black T-shirt that merely sports the words “Wall Street” with flames that leap up from below. The devil likes the cliche – been there, done that, bought […]
As the businessmen of Mammoth Lakes Land Acquisition pore over financial records of the Town of Mammoth Lakes, in search of payment for their $40 million lawsuit judgment, the Town Council tries to come up with an interim budget for the new fiscal year, which does not even include the big debt payments. New Town […]
In the new agenda bill for the Mammoth Town Council meeting Wednesday, the budget discussion now involves Mammoth Lakes Land Acquisition unlike earlier budget documents that never mentioned them. MLLA is the company that holds the $40 million airport lawsuit judgment. At an earlier budget meeting the town manager said MLLA had concerns about decisions […]
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