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Bullboard - Stock Discussion Forum Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s):  GEBRF

Greenbriar Sustainable Living Inc. is a developer of sustainable entry-level housing and renewable energy projects. The Company’s primary business is the acquisition, management, development, and possible sale of real estate and renewable energy projects. It operates through three segments: real estate development in the United States (Real Estate), solar energy projects in Puerto Rico (Solar... see more

TSXV:GRB - Post Discussion

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Post by windyguy on Nov 15, 2023 3:34pm

Sage Ranch

Congratulations to all on Sage Ranch. I attended the meeting and sat behind Claudia from the Tehachapi News, where she was taking pictures of the other side of the room with Jeff and his team. The amount of design work presented was thorough and lots of back and forth. The water district guy was on my side of the room and looked like he wanted to speak before Jeff gave a water update about having confidential documents from the District telling the City by email that there was enough water for Sage and more with a 2% growth rate per the District's own engineer. I asked Jeff and his team after the formal meeting what it all meant. The District said Sage Ranch alone only needs a 1% increase in supply. His engineer told me the city water study for Sage was based on the districts own information, saying the water supplies would support an increase of 2.3% annual growth in the city and surrounding area. The District sued as it wanted to renege on their own engineering as the District Board are all farm land owners and get revenue from big Ag. So the District came back in two sets of negotiations and said to city take 1% as that is enough for Sage and a slight few more houses a year. The city then asked the district for them to pick a global engineering firm to write a true independent report. The District hired AECON, which is a huge worldwide outfit. AECON came back at 2.4%, which was higher than the city own submission and higher than the districts older reports that the city relied upon. In two rounds of settlement hearing which Jeff was part of but without a NDA, The District offered 1% to allow for Sage and drop the litigation. The city said to the district to follow their own science of 2.4% but offered to settle at 1.5%. The District said yes but wanted the city to pay the District's legal fees of 300k. The city said no. Bottom line is the lawyers on the city/Sage side Sent legal opinion to Voya saying a judge could not stop the project under the laws. The most a judge could do is ask for the report to be rewritten with the latest report which support the city/Sage numbers. In addition the District own new report is higher than city/Sage numbers. Now the District is at risk because both city/Sage can build without a problem but District is liable for vexatious litigation.. Jeff wins. Sage wins
Comment by tylerreddick on Nov 15, 2023 4:01pm
Thanks for the first-person feedback, much appreciated. And now that Sage Ranch has the green light, I go back to something you mentioned over a year ago. And that is the simple fact that people are leaving the big cities and moving to smaller, and cheaper places to live. But there is also the crime factor. In our area, the big cities are being overrun by meth-heads doing stupid petty crimes, and ...more  
Comment by shneps on Nov 15, 2023 4:39pm
That's crazy, the City (+ their lawyers) and the District (+ their lawyers) would allow Jeff to be part of "confidential" settlement negotiations with him being the only one without a non-disclosure agreement (NDA). Certainly doesn't make the negotiations "confidential". If that is indeed the case then they deserve to have the lawsuit dismissed. See what the judge says ...more  
Comment by tylerreddick on Nov 15, 2023 5:09pm
Considering windyguy was at the meeting and talked to people face-to-face, and you were not and did not, maybe you should keep your comments to yourself?
Comment by shneps on Nov 16, 2023 7:07am
Considering the fact that Windyguy attended the meeting and spoke to people has absolutely nothing to do with my comment related to Non Disclosure Agreements and confidentiality. You are losing context on your pathetic responses.
Comment by tylerreddick on Nov 16, 2023 7:42am
Considering Jeff hasn't commented publicly on those confidential negotatiations, your point is, frankly, pointless.
Comment by shneps on Nov 16, 2023 8:18am
Doesn't it seem odd to you that Jay Schlosser sets out extensive parameters for what the Commissioners were to be deliberating on the PDP including the following - “As everyone knows, there is a legal challenge to the CEQA (California Environmental Quality Act) document. The court has not made a decision on that. It is not this body's position or obligation — and frankly, you're not ...more  
Comment by tylerreddick on Nov 16, 2023 9:57am
" How was the water issue discussed at a meeting where the City's lead specifically stated you are not even allowed to contemplate anything related to the District's lawsuit? Were the Commissioners out of the room at the time or did they just put their hands over their ears like little children. " ========================================= schneps, you are such a ...more  
Comment by shneps on Nov 16, 2023 10:38am
"The water district guy was on my side of the room and looked like he wanted to speak before Jeff gave a water update about having confidential documents from the District telling the City by email that there was enough water for Sage and more with a 2% growth rate per the District's own engineer. I asked Jeff and his team after the formal meeting what it all meant. I believe this ...more  
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