Weaver/McCormick Flint-GLWA Deal Transforms Water From Obscene Tax To Outright Theft
Flint Mayor Karen I Love Rizzo Weaver and Great Lakes Water Authority CEO Sue McCormick have reached a 30 year deal for Flint to purchase water from the Great Lakes Water Authority. The City of Flint had signed up to purchase its water from the nascent Karegnondi Water Authority in March 2013 and the State of Michigan concurred in April. Everyone in Flint City government, save one councilman, has agreed to source Flint’s water from the KWA. Even Mayor Weaver. Until this week.
The Weaver/McCormick deal has GLWA paying Flint at least $ 7 million a year to cover Flint’s share of the bonds issued to finance the KWA. A total of $ 210 million over the 30 year contact period.
Where will that $ 210 million come from? GLWA is not the Federal Reserve, they cannot just create money out of thin air. GLWA will extract the money from the victims ratepayers in the other communities it ‘serves’.
Mayor Weaver and CEO McCormick will transform GLWA water rates into yet another exaction imposed upon most of Southeastern Michigan to subsidize Flint. Without any input from those victims ratepayers. A blatant fee as tax evasion of Headlee. Governor Snyder, of course, approves wholeheartedly.
This is government theft, Headlee evasion, and a rich fount of future corruption.
(12)Nuh Uh.
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