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PAU Should Be Measured and Leveraged as a Business

Original post made by Mike, College Terrace, on Mar 16, 2008

Diana Diamond recently wrote a column about Palo Alto Utilities.

This story contains 942 words.

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Comments (7)

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Posted by Resident
a resident of Another Palo Alto neighborhood
on Mar 16, 2008 at 1:41 pm

PALO ALTO FINANCE COMMITTEE ... The committee plans to discuss infrastructure and utilities rate increases. The meeting will begin at 7 p.m. Tuesday, March 18, in the Council Conference Room at City Hall (250 Hamilton Ave.).

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Posted by a
a resident of Adobe-Meadow
on Mar 17, 2008 at 4:48 pm

you wrote: "We could take $400M and put it into an investment trust that would pretty much guarantee a return equal to what PAU pays into the general fund."

Not in this market

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Posted by libraries
a resident of Crescent Park
on Mar 17, 2008 at 5:10 pm

Just sell PAU already and give the money to the libraries.

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Posted by Greg
a resident of Southgate
on Mar 17, 2008 at 5:38 pm

If PAU is to be measured as a business, then it should be able to purchase nuclear power. In fact, it should be able to negotiate with the major nuclear companies to build a nucler plant in Palo Alto. Imagine the benefits of our own nuke. We could could have a tax-free city, with almost none of the current arguemnts about who gets what. Our streets would be smooth. Our services would be A+. Our schools could be rebuilt. We could provide for the homeless. We could have a truly significant impact on the carbon footprint (global warming). Blue collar workers could actually afford to live in this city, or at least nearby. We could have expanded police and fire protection. I could go on and on...

Let's not listen to the hysterical anti-nuclear voices anymore! This is our city, and we should grab it back!

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Posted by Mike
a resident of College Terrace
on Mar 17, 2008 at 6:24 pm

a, Who said the investment would be made in US currency? :)

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Posted by Does it matter,who
a resident of another community
on Mar 18, 2008 at 9:08 am

Private Businesses do not/can not FLOAT BONDS to bail themseleves out of bad investments..

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Posted by Jim
a resident of Crescent Park
on Mar 19, 2008 at 9:53 am

"As usual, Diana chose to critique a Palo Alto institution in a way that makes it look as if that city institution is running in a way that is less than optimal..."

Diana Diamond has a knack for getting directly to the nugget. Or the lump of coal, as the case may be. If I had only the facts to work with I'd come to the same conclusions.

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