Photo from

Search This Blog

Monday, March 2, 2009

Conflict of interests...

This one is sick...

From the Sub-Standard 02/25/09:

"The public criticism of the Headwaters Fund's five-year report took nearly as long as the report to the Board of Supervisors Tuesday.

Patrick Cleary, chairman of the Headwaters Fund board, presented the report covering the fund's work between 2003 and 2008.

Originally, the fund started at a shade more than $18 million, Cleary said. Now it totals almost $21 million. During the past five years, the fund has distributed $1.6 million in grants, $951,000 in community investment grants and $2.5 million in community investment loans.
One of the main focuses in the past half-decade has been on infrastructure -- amounting to $5 million although the local needs are much more.

”We've had to pick and choose our spots,” Cleary said.

Among those were the Caltrans project to widen U.S. Highway 101 through Richardson Grove; Horizon's addition of a flight to Los Angeles; providing upfront money to bring Delta Airlines service to the North Coast; and leveraging funds to acquire an $8.5 million Federal Aviation Administration grant and funding a study on the Humboldt Bay Harbor Recreation and Conservation District's Redwood Dock."

One more major reason why this project must be stopped...The fund should be used for the Trees, not against them!