Are you Concerned about the Proposed MID Water Sale?
Here is some interesting information from Reed Smith.
Attached please find a transcription of the Thursday, May 18 SFPUC’s Deputy General Manager and Chief Operating Officer, Michael Carlin’s, presentation on behalf of SFPUC GM, Ed Harrington, to the Bay Area Water Delivery and Conservation Agency Board of Directors meeting. The section includes both Mr. Carlin’s presentation, and the questions and answers directly following and pertaining to his presentation.
I think you will find the area bounded by a RED BOX on page 17 interesting.
Without prognosticating the inference of the key statement. One might suspect that MID Director Wild’s assertion this past MID Board meeting on May 22, 2012 that his support for the 2,240 AF sale to the SFPUC is solely to make money for infrastructure ( a concept publicly not shared by GM Allen Short ) is probably out the window. It appears that MID will be spending all of it’s income from this “drop in the bucket” (as characterized by Mayor Marsh) on litigation costs. Net result: no income benefit to MID from the sale.
So, let’s see what the next excuse in favor of the sale from Director Wild is. I can hardly wait . . .
From: Aaron Porter
Date: Tue, 29 May 2012 08:09:58 -0700
To: Reed Smith
Cc: “Allison C. Schutte”
Subject: RE: BAWSCA May 17, 2012 meeting?
Hi Mr. Smith,
Attached is the requested section of the transcription of the May 17, 2012 BAWSCA Board of Directors meeting. The section includes both Mr. Carlin’s presentation, and the questions and answers directly following and pertaining to his presentation. I hope this adequately meets your request, and if you have any further questions or requests, please let me know.