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November 14, 2013
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TCID directors look at financial health

A safety net, it’s what directors Lester de Braga, Eric Olson and Wade Workman proposed to the board during the Truckee-Carson Irrigation District’s monthly meeting last week. A nest egg of sort would be used to fund unforeseen issues that arise surrounding maintenance of the Truckee Canal and structures throughout the system. De Braga, Olson and Workman — members of the finance committee — presented their ideas to the board as an alternative to scrambling to secure bonds or loans in times of need. The trio referenced the 2008 Fernley breach and other needs such as maintaining the hydroelectric plant …

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The Nevada Appeal Updated Nov 14, 2013 09:15PM Published Nov 14, 2013 09:15PM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.