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Sunday, June 26, 2011

Will La Paz County take the 15 million offer to settle Yakima Company debt?

Investors, along with local businessman and three time former Quarzsite Mayor Richard Oldham have offered La Paz  County a solution to the 14 million dollar and rising (by a hundred thousand every month in interest) debt incurred by the 9.2 million dollar jury award to Jim Willette and Yakima Company in Sept. of 2007.
June 13th press release

http://www.parkerliveonline.com/2011/06/21/former-quartzsite-mayor-proposes-yakima-solution/#comments

http://www.parkerpioneer.net/articles/2011/06/25/news/doc4e0675a94c90e187382268.txt

County Administrator Dan Field worked feverishly with state legislators this spring, to legalize a possible excise tax on county residents, but potential investors say that a public private partnership or "PPP" can avoid that scenario.



According to the website for La Paz Disposal LLC:

What is a PPP?

A Public-Private Partnership [PPP] is a contractual agreement between a public agency [federal, state or local] and a private sector entity.

Through this agreement, the skills and assets of each sector [public and private] are shared in delivering a service or facility for the use of the general public.

In addition to the sharing of resources, each party shares in the risks and rewards potential in the delivery of the service and/or facility. 

History of the PPP

Jan Brewer, as Governor of Arizona, signed into law  on July 13, 2009, House Bill 2396 which provides for the establishment of Public Private Partnerships in Arizona.
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5 comments:

  1. Michael RothJune 26, 2011 at 11:55 AM

    For the record, I'm against Public Private Partnerships. The Federal Reserve is a PPP. How's that worked out for America?

    ReplyDelete
  2. BIG JOHNJune 27, 2011 at 4:54 PM

    PLEASE VISIT www.publicbankinginstitute.org

    ReplyDelete
  3. AnonymousJune 27, 2011 at 5:00 PM

    THE FEDERAL RESERVE would work just fine if it was incorporated into the US Treasury.see www.monetary.org

    ReplyDelete
  4. Michael RothJune 27, 2011 at 10:31 PM

    Public Private Partnerships are a form of soft fascism. I don't like 'em. If a business wants to run a government enterprise, the government should get out of it completely and let the entreprenuer run it. Business and government have no real business being in business together. It's like oil and water.

    Of course, there's one smart guy running for president that has talked and educated more on this than I probably ever will, check him out here...

    http://www.ronpaul.com/2008-08-17/the-economics-of-ron-paul/

    ReplyDelete
  5. AnonymousJuly 6, 2011 at 8:15 AM

    Michael Roth hit it on the head. PPP's are fascistic and should be avoided like the plague.

    ReplyDelete

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