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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 Energy) and corporate headquarters located in Canada (Corporate). The Company is focused on building two large-scale projects, namely Sage Ranch in Tehachapi, California and Montalva in Guanica, Puerto Rico. Sage Ranch is a real estate community of over 995 entry-level homes in the Tehachapi Valley, a community located in southern California. Its Montalva property (1,747 acres) is a large utility-scale solar and battery storage building with an initial size of 80 MWac or 160 MWdc, located in the southwestern coastal area of Puerto Rico. Its Cordero Ranch property is located in Cedar City, Utah.


TSXV:GRB - Post by User

Comment by shnepson Jun 22, 2024 8:35am
122 Views
Post# 36101385

RE:RE:In the meantime

RE:RE:In the meantimeI don't believe the fourth cause of action may be as relevent after having the first three found in the District's favour.
I interpret it as the judge is basically saying the fourth cause will go against the City but do we really want to spend everybody's time and money "for what" you're going to loss anyway.
And the point has been made.

Unless for some reason the District's lawyers feel there is a necessity for driving a final nail in the City's coffin so that there is really no appeal mechanism and for having an insurance that they won't just do it again. This may be attainable with merely an agreement between the two parties for a plan moving forward and not a court decision.

I've always felt the water is there but the City's ideology that the M&I agreement allows endless access to the available water supply truly needed to be stopped.
It is now up to the District and their lawyers to decide if the court's decision was enough for preventing this mindset to continue. 

As for the the new EIR to be completed, before the Master Development plan can be approved by City Council, I would imagine the District insists on the 2020 RUWMP (which would now be the 2025 RUWMP) must be utilized in the new Water Assessment. AECOM resigned from performing this work and could take till the end of the year to complete this document, in my viewpoint.

Either way the District is in the drivers seat now and time to complete everything is not a driving force. Ciachurski's behaviour, verbal abuse and legal threats to the District's board/members will not entice them to actively expedite the process in Sage Ranch's favour.
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