Jim Rossi

EBMUD changing its short-term financing for borrowing funds

In an abbreviated meeting on Tuesday before Thanksgiving, the East Bay Municipal Utility District (EBMUD) unanimously passed a proposal to change their short-term financing in order to reduce long-term risk. EBMUD will be moving from “extended” back to “traditional” commercial paper, according to Dari Barzel, EBMUD’s principal management analyst. What does that mean? “Commercial paper…

Lake Chabot Golf Course

Golfers teeing it up on Thursday morning at Lake Chabot Golf Course must count themselves among the luckiest people in Oakland. Or perhaps not. “Golf is like a love affair,” the sportswriter Arthur Daley once wrote. “If you don’t take it seriously, it’s no fun; if you do take it seriously, it breaks your heart.”…

EBMUD planning past drought to “water fix”

The “water fix” is an evolving $15.5 billion Bay Delta conservation plan to stabilize water diversions in the Sacramento-San Joaquin River Delta. The most expensive and controversial part involves building two huge tunnels, thirty miles long, from Courtland to Tracy.

EBMUD: Drought Measures Working

While the East Bay Municipal Utility District is suffering the worst drought since its founding in 1923, its 1.3 million users face no danger of going dry anytime soon. That was the message from EBMUD board members and operations staff at their Tuesday public meeting. Infrastructure investments, conservation, and transfers–buying water from the Sacramento River–together…