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Is the City of El Paso the owner of El Paso Electric? If not, why do you think the government should be intimately involved in the sale? I think you have mistaken El Paso, Texas with El Paso, Venezuela.
Utilities are considered public services. If you don’t like the City of El Paso being intimately involved in businesses, you should focus on the fact the city is financing businesses like sports teams, real estate development, water park resorts, and office towers.
EP Electric has a monopoly in the City so there is a franchise agreement which is regulated at the State by the Public Utility Commission and Federal Trade Commission.
In the event of a sale the City, State, and FTC are all intimately involved and have to agree to transfer the franchise agreement to the new owner which allows them to modify terms the utility must abide by to protect the ratepayers.
Additionally other entities like the County and School District have agreements so they can also intervene.
The story had a happy ending and the Shaplite plan to expunge poor people from DTEP failed eventually. Segundo survived and a good thing, too. Now i see where HACEP is opening 150 units in the old Gas building which, it seems, spells “the end” for gentrifying DTEP.
El Paso city council and city manager are the high-stakes grifters who just keep on grifting. This came out of an El Paso Times article yesterday. They continue to give away the same future tax revenue that all the city spending is supposed to generate to cover the city’s rising debt and expenses.
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El Paso City Manager Tommy Gonzalez recently told City Council that providing tax incentives to get Downtown housing projects built is important because Downtown needs more housing to increase the population density needed to make it thrive.
“For Downtown to be truly vibrant, to have the restaurants, the retail necessary for a downtown to be vibrant, and for the streetcar to be heavily used, part of the planning needs to include this (residential) density,” Gonzalez said.
Gonzalez’s message is the same one El Paso city and business leaders have delivered for years. But the Downtown housing market has been slow to develop.
How about some discussion about this issue? https://actionnetwork.org/petitions/energy-manifesto?source=facebook&&fbclid=IwAR0-dH3TO9doO6SgLYVHR9sE4tDx8tQxYLj7gXPelXNm7ZlIV1R4qNxaxIo
This is a bit of an eye opener about the proposed, nearly done deal involving the sale of EPEC, the utility that lives (and loves) to take your money.
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They had you at “manifesto”
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Is the City of El Paso the owner of El Paso Electric? If not, why do you think the government should be intimately involved in the sale? I think you have mistaken El Paso, Texas with El Paso, Venezuela.
LikeLike
Utilities are considered public services. If you don’t like the City of El Paso being intimately involved in businesses, you should focus on the fact the city is financing businesses like sports teams, real estate development, water park resorts, and office towers.
LikeLiked by 1 person
EP Electric has a monopoly in the City so there is a franchise agreement which is regulated at the State by the Public Utility Commission and Federal Trade Commission.
In the event of a sale the City, State, and FTC are all intimately involved and have to agree to transfer the franchise agreement to the new owner which allows them to modify terms the utility must abide by to protect the ratepayers.
Additionally other entities like the County and School District have agreements so they can also intervene.
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???
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I will see your beautiful young woman, and raise you one older bald headed gentleman:
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I call:
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The story had a happy ending and the Shaplite plan to expunge poor people from DTEP failed eventually. Segundo survived and a good thing, too. Now i see where HACEP is opening 150 units in the old Gas building which, it seems, spells “the end” for gentrifying DTEP.
LikeLike
https://mobile.twitter.com/TimMurtaugh/status/1225991770435129350
LikeLike
El Paso city council and city manager are the high-stakes grifters who just keep on grifting. This came out of an El Paso Times article yesterday. They continue to give away the same future tax revenue that all the city spending is supposed to generate to cover the city’s rising debt and expenses.
++++++
El Paso City Manager Tommy Gonzalez recently told City Council that providing tax incentives to get Downtown housing projects built is important because Downtown needs more housing to increase the population density needed to make it thrive.
“For Downtown to be truly vibrant, to have the restaurants, the retail necessary for a downtown to be vibrant, and for the streetcar to be heavily used, part of the planning needs to include this (residential) density,” Gonzalez said.
Gonzalez’s message is the same one El Paso city and business leaders have delivered for years. But the Downtown housing market has been slow to develop.
++++++
LikeLiked by 1 person