Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Jul 08, 2024 9:09am
79 Views
Post# 36122464

RE:RE:RE:Hi Sven

RE:RE:RE:Hi SvenThe City has previously purchased water rights for over $7,600 per AF.
Ciachurski sold rights to Golden Hills for $10,000 per AF recently.
That's an average of $8,800 per AF.
More then double what they apparently charge per connection currently.

I've always questioned the WSA analysis (and the City's policy) in stating that what ever water rights the developer cannot provide they can merely purchase from the City for $4,000 per AF.
That is beyond stupid.
The judge agreed this was not acceptable and it does not provide for where the "paper water" is coming from.

The lawsuit is not just about Sage Ranch. It's more to the fact that the City's ongoing assessment for water availability, related to development, is consistently incorrect.
The judge has stated those facts.
<< Previous
Bullboard Posts
Next >>