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Bonds Used In Water Program Hit By Assemblyman
Assemblyman Robert Monagan attacks a Brown administration plan to finance the state water project with bonds 30 years old and earmarked for the Central Valley Project The proposal would add 385 million to 173 million in general obligation bonds approved in 1930 and is backed by Gov Brown and Water Resources Director William Warne The plan aims to save interest and cushion rising costs as Oroville Dam construction proceeds, while Monagan warns of a rushed process and seeks legislative approval and public knowledge checks.
MENTIONED IN THIS ARTICLE
Sacramento
Robert T. Monagan
Traty
She Brown
Monagan
Val Ny
CVP
California Water Commission
Eviday
California
Brown
William E. Warne
Feather River
Iy Brown