Fair market? Pathetic (September 22, 2015)
Can we afford to pay for the Apple Valley Town Council’s latest pet project? The Town Council says it has calculated the
fair market value of Apple Valley Ranchos Water Company. Their credentialed expert, however, made a $12 million math blunder in his report, a sum the Town Council failed to notice until a resident pointed it out.
While the Town Council rambles on about accountability and transparency, taxpayers continue to pour hundreds of thousands of dollars down the drain in legal expenses. The Town Council can’t even promise that water rates will drop. Are we prepared to let experts like this run a complex water system that they have absolutely no experience with?
Sabrina Moreno, Apple Valley
Source: Daily Press