Saturday, October 14, 2006

GVEA back to flawed bylaws of the G&T

I'm told that GVEA board has reverted back to the original flawed bylaws for the GVEA G&T and will formalize that vote at a special meeting Mon. Oct. 16, 3 pm.

Since this proposal doesn't seem to be well thought out and they are plunging on ahead anyway, I'm thinking there must be some rush to do this, like a financial benchmark that they won't meet, which will cost the utility more. They could then use the offset $30 mm to make up the difference and nobody is the wiser. Speculation on my part. Any comments?


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