Amador County – Ione developer Rob Aragon questioned the Amador Water Agency board of directors last week on a statement that accompanied 2006 bonds to finance the Amador Transmission Pipeline. He asked how the agency had included improvements to the Ione water treatment plant in its bond statement for the project. Aragon said a statement with the bonds “suggested the municipal bonds were sold for the direct purpose of the Amador Transmission Pipeline,” but his concern was that it appears money was allocated for an upgrade at the Ione plant. Aragon said the “financing plan” for the 2006 bonds included an expansion of the Ione water treatment plant from 2.5 million gallons a day rating to 4.5 million gallons a day. He said improvements have yet to be made at the Ione water treatment plant. AWA board President Bill Condrashoff said that is the first he had heard of the issue, and asked if they should make any response. General Manager Gene Mancebo said the board should let staff look into it, and report on the “chain of events” involved. Aragon, representing Ione Villages 1 LLC and the Building Industries Association, said he would continue working with the “new philosophy in town” on the AWA board, and continue his “extension of collaboration to help solve those problems with you,” regarding an update to the “will-serve fee” ordinance update. But he said the board was not behaving transparently, in the previous week’s handling of the draft ordinance. And he was also concerned about the bond, which listed a 3.5 percent growth rate on Ione, and a 2-phase upgrade plan for the Ione Water treatment plant, recommended by Boyle Engineering. Aragon said the statement in 2006 expected “improvements to be completed in 2007,” and the plan affected bond buyers and also conditional will-serves. He criticized that the bonds were sold but the improvements were never made at the Ione plant. The AWA board was scheduled to host a public workshop on the potential new will-serve policy ordinance this morning, which could charge a 10 percent fee for conditional will-serves, and other fees over a phased, 3-year period. Aragon criticized the changes as being against state law for will-serve fees. Story by Jim Reece This email address is being protected from spambots. You need JavaScript enabled to view it. -
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Amador County – Ione developer Rob Aragon questioned the Amador Water Agency board of directors last week on a statement that accompanied 2006 bonds to finance the Amador Transmission Pipeline. He asked how the agency had included improvements to the Ione water treatment plant in its bond statement for the project. Aragon said a statement with the bonds “suggested the municipal bonds were sold for the direct purpose of the Amador Transmission Pipeline,” but his concern was that it appears money was allocated for an upgrade at the Ione plant. Aragon said the “financing plan” for the 2006 bonds included an expansion of the Ione water treatment plant from 2.5 million gallons a day rating to 4.5 million gallons a day. He said improvements have yet to be made at the Ione water treatment plant. AWA board President Bill Condrashoff said that is the first he had heard of the issue, and asked if they should make any response. General Manager Gene Mancebo said the board should let staff look into it, and report on the “chain of events” involved. Aragon, representing Ione Villages 1 LLC and the Building Industries Association, said he would continue working with the “new philosophy in town” on the AWA board, and continue his “extension of collaboration to help solve those problems with you,” regarding an update to the “will-serve fee” ordinance update. But he said the board was not behaving transparently, in the previous week’s handling of the draft ordinance. And he was also concerned about the bond, which listed a 3.5 percent growth rate on Ione, and a 2-phase upgrade plan for the Ione Water treatment plant, recommended by Boyle Engineering. Aragon said the statement in 2006 expected “improvements to be completed in 2007,” and the plan affected bond buyers and also conditional will-serves. He criticized that the bonds were sold but the improvements were never made at the Ione plant. The AWA board was scheduled to host a public workshop on the potential new will-serve policy ordinance this morning, which could charge a 10 percent fee for conditional will-serves, and other fees over a phased, 3-year period. Aragon criticized the changes as being against state law for will-serve fees. Story by Jim Reece This email address is being protected from spambots. You need JavaScript enabled to view it.
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