For residents of Mammoth Lakes, the looming $43 million lawsuit judgment has been a matter for courtrooms and Town Council closed sessions. Now, citizens wait nervously for real details about what they will have to pay and for how long. In the week since the Town of Mammoth Lakes announced a tentative settlement with MLLA […]
“A chance for settlement.” That’s what Mammoth’s Assistant Town Manager said about mediation talks between the Town and Mammoth Lakes Land acquisition. Marianna Marysheva-Martinez said the court-ordered mediation talks Monday and Tuesday will now continue into Thursday (today). She called this a positive development. The details and nature of talks remain confidential. At stake – […]
Mammoth’s Assistant Town Manager Marianna Marysheva-Martinez called it “an exciting night” – the passage of the Town’s budget Wednesay night on time and balanced. What neither she nor anyone else addressed was the second half of the agenda item – what will the Town do in response to the court writ, due June 30th, that […]
Mammoth Lakes pundits speculate that the Town continues to take steps toward bankruptcy as the June 30 court-imposed deadline to pay the $43 million lawsuit judgment approaches. The court writ demands payment in full or a 10-year plan. The latest moves, aimed at further streamlining town expenses, in the face of budget problems and debt, […]
When the Mammoth Town Council meets Wednesday, They will spend some more time on next fiscal year’s budget with talk on the Budget Reduction Plan presented last week. On an earlier issued proposed schedule of public meetings, the Town said the May 16th Council meeting would offer an update from the staff on pre-bankruptcy mediations […]
In the Town of Mammoth Lakes, it’s a broken record – nothing new with MLLA, the holders of the ominous $43 million debt owed by the Town. What officials say they do know is that inability to pay off that debt by June 30th will lead to a fiscal emergency and bankruptcy unless settlement comes […]
The Mammoth Town Council’s attempt at its own stated goal of “discussions of Town finances and the MLLA $43 million judgment” unwound as a kind of re-run of a previous meeting with very little public input. Town Manager Dave Wilbrecht said there is a “rigorous process” happening with restructuring the Town finances and mediation with […]
Last week news surfaced that Mammoth’s Assistant Town Manager Marianna Marysheva-Martinez had applied for the City Manager job in Yakima, Washington. This week, she withdrew that application and signed an additional year’s contract with the Town of Mammoth Lakes. A press release issued by the Town says Martinez has “demonstrated her abilities and capacities to […]
Even as phone service and internet service remained iffy on Monday, Mammoth Town officials used their cell phones to pull together information so they could start mediation with creditors this week, and that includes Town employee groups but not Mammoth Lakes Land Acquisition. Less than a week after Councilman Skip Harvey called for open meetings […]
In a brief court hearing today, Mono County Judge Stan Eller confirmed his tentative decision – the Los Angeles Department of Water and Power case that attacks Mammoth’s water rights will stay in Mono County with an assigned, neutral judge. Jonah Matthewson covered this story for Sierra Wave Media, with a camera in the courtroom. […]
In a startling turn of events, Mammoth Lakes Land Acquisition won a writ in court Friday to force the Town of Mammoth to pay its $42 million debt and then MLLA sent a letter to the Town with an offer of settlement. Jay Becker of MLLA emailed a copy of the letter to the Sierra […]
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 others are watching developments carefully, know a revenue shortfall will come and […]
Recent Comments