Plumas Sierra Rural Electric Cooperative
New Co-Generation Plant
LMUD paid $81,997 to date.....for nothing!!!
April 5, 2010
PSREC has "two" representatives on the LMUD Board
LMUD Director Wayne Langston was a PSREC customer when LMUD gave PSREC the Prison and Herlong
LMUD Director Fred Nagel was and still is a PSREC customer when LMUD gave PSREC the Prison and Herlong customers
There is no evidence that PSREC paid LMUD anymore than the initial $1,250,000 payment for the 1,000 customers
PSREC customer Fred Nagel was put on the LMUD Board so that the remaining payments to LMUD would not be made. PSREC was obligated to pay LMUD payments, for the transfer of LMUD customers to PSREC, until 2010.
Langston and Nagel also supported the LMUD $$$$$$$$ (more than $43,000) that were spent on a Phony Study . PSREC wins all the way around and gets their Co-generation Plant.
Again, nothing except lies for LMUD customers