Mammoth Councilman Wood reveals mechanics of debt negotiation
“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...
View ArticleInterim Town Manager responds to rumor and clarifies her focus
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...
View ArticleMammoth official explains details of MLLA debt process
Financial consultant Marianna Marysheva-Martinez says there are three options before the Town. Mammoth’s financial consultant has revealed more of what’s happening in matters surrounding the Town’s...
View ArticleMammoth Town Council huddles over MLLA
Wednesday members of the Mammoth Town Council will hear the latest on debt negotiations with Mammoth Lakes Land Acquisition, the Santa Monica firm that beat the Town in court over a development...
View ArticleMammoth counters MLLA offer
After the Mammoth Town Council spent closed session time Wednesday night on the massive Town lawsuit debt of $42 million, Sierra Wave spoke with Mammoth’s Financial Consultant, Marianna...
View ArticlePart of Hot Creek development agreement under discussion
Another detail from the Airport lawsuit situation – the development agreement signed back in 1997 is still in effect. According to Mammoth Financial Consultant Marianna Marysheva-Martinez, the...
View ArticleDebt negotiations continue in Mammoth
Marysheva-Martinez says negotiations are worth continuing since both sides are making progress on the amount under consideration for collection. In the new year, Town of Mammoth officials continue to...
View ArticleMore closed sessions over MLLA
The Mammoth Town Council will hold more closed sessions on the continuing negotiations with Mammoth Lakes Land Acquisition over the $42 million court judgment debt. In a special meeting scheduled for...
View ArticleFour months of negotiations and still talking
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...
View ArticleMLLA letter and Town response
MLLA's Jay Becker revealed hidden dynamics of negoiations with Mammoth. On Tuesday, February 7th, Jay Becker of Mammoth Lakes Land Acquisition emailed the following letter to Sierra Wave and other...
View ArticleMLLA presses court for $42 million
Attorneys for MLLA and Town of Mammoth Lakes spoke via phone conference before Judge Randall in court in Mammoth Lakes. For some, it feels like the noose has tightened on the Town of Mammoth Lakes....
View ArticleTown braces for decision on MLLA writ
Attorneys for MLLA and Town of Mammoth Lakes will hear Judge Randall on the MLLA writ Friday, March 23rd. When the Town of Mammoth Lakes and Mammoth Lakes Land Acquisition go back to court on Friday,...
View ArticleMLTC: council appointments and court hearing coming up
It’s official. The Town of Mammoth has two councilmember-elects who will take seats on the Council June 20th. With all of the problems that face the Town of Mammoth, only two candidates signed up to...
View ArticleMammoth Town Council: MLLA offer, internal loan
In their meeting Thursday, the Mammoth Town Council planned to talk in closed session about the MLLA debt settlement offer and about internally borrowing roughly $4.4 million to pay lawyers,...
View ArticleMammoth Town Council has no comment on MLLA, approves $4.4 million internal loan
They spent an hour in a closed session Thursday, but the Mammoth Town Council said nothing in public about the recent offer from Mammoth Lakes Land Acquisition to resolve the $42 million lawsuit debt....
View ArticleMarysheva-Martinez applies for city manager job in Yakima
Marianna Marysheva-Martinez works for the Town of Mammoth Lakes under a contract. As she says, her duties are limited in nature. Once the issues are done, she said, the Town shouldn’t need her....
View ArticleMarysheva-Martinez will stay in Mammoth Lakes
Marianna Marysheva-Martinez said she withdrew her application in Yakima on Tuesday. Last week news surfaced that Mammoth’s Assistant Town Manager Marianna Marysheva-Martinez had applied for the City...
View ArticleTown of Mammoth and MLLA: mediation talks continue
Assistant Town Manager Marianna Marysheva-Martinez said it’s a positive sign that mediation talks are continuing. “A chance for settlement.” That’s what Mammoth’s Assistant Town Manager said about...
View ArticleTown Council passes restructuring, puts onus on police
For two months, they had talked about elimination of seven police officers, but last night three Mammoth Town Councilmen said they really meant a cut in the police budget – a $1.1 million cut. After...
View ArticleMarysheva-Martinez responds to employee morale issues
Town Manager Marianna Marysheva-Martinez Three more critical employees have left their jobs with Town of Mammoth Lakes government, morale has sunk and some say they fear the new Town Manager and her...
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