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FM Diversion and Dam Increases national debt

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Fargo Dam and Diversion Costs as of June 30th, 2015

Fargo Dam and Diversion Costs as of June 30th, 2015

Fargo Diversion Authority spent another $ 7,415,358.87 from May 31st to June 30th, 2015. 1/9th (11.11% ) of the original projected cost and they haven’t even started on the actual main project.

Fargo Dam and Diversion Costs as of May 31st, 2015

Fargo Dam and Diversion Costs as of May 31st, 2015

Fargo Diversion Authority spent another $22,456,624.30 from April 30th to May 31st, 2015. Nearly 1/9 (10.69% ) of the original projected cost and they haven’t even started on the actual main project.

Defending Richland and Wilkin counties May 21st, 2015

Defending Richland and Wilkin counties May 21st, 2015

Even at a modest borrowing rate, the local sales tax won’t cover the interest on a note to cover the federal share. The recent assessment vote that passed, despite a majority of property owners voting against it, does not provide any new money for the project. It only allows them to borrow more.

Fargo Dam and Diversion Costs as of April 30th, 2015

Fargo Dam and Diversion Costs as of April 30th, 2015

Fargo Diversion Authority spent another $7,269,195.32 from March 31st to April 30th, 2015. Nearly 1/10 ( 9.84 % ) of the original projected cost and they haven’t even started on the actual main project.

Defending Richland and Wilkin counties April 9th, 2015

Defending Richland and Wilkin counties April 9th, 2015

Cass County taxpayers receiving an assessment ballot and an “invitation” to support Fargo’s Diversion learned that the election is fixed. The un-elected Cass County Joint Water Board deciders stacked the deck Soviet-style, the vote is a sham and the outcome pre-determined.

Fargo Dam and Diversion Costs as of March 31st, 2015

Fargo Dam and Diversion Costs as of March 31st, 2015

Fargo Diversion Authority spent another $5,144,824.87 from February 28th to March 31st, 2015. Nearly 1/11 ( 9.44 % ) of the original projected cost and they haven’t even started on the actual main project.

Fargo Dam and Diversion Costs as of February 28th, 2015

Fargo Dam and Diversion Costs as of February 28th, 2015

Fargo Diversion Authority spent another $32,584,755.14 from January 31st to February 28th, 2015. Nearly 1/11 ( 9.2 % ) of the original projected cost and they haven’t even started on the actual main project.

Fargo Dam and Diversion Costs as of January 31st, 2015

Fargo Dam and Diversion Costs as of January 31st, 2015

Fargo Diversion Authority spent another $11,903,574.06 from December 31st, 2014 to January 31st, 2015. Nearly 1/13 ( 7% ) of the original projected cost and they haven’t even started on the actual main project.

FM Diversion Authority Bubble Will Eventually Burst

FM Diversion Authority Bubble Will Eventually Burst

The December 31, 2014 Distributed Storage Alternative Screening Analysis is neither a fatal blow to opponents or a victory for proponents. It is simply the Minnesota DNR following it’s process and laws to ensure that their final permit determination, which is supposed to come after a public comment period, is both legal and defensible.

Fargo Dam and Diversion Costs as of November 30th, 2014

Fargo Dam and Diversion Costs as of November 30th, 2014

Fargo Diversion Authority spent another $17,623,733.09 from October 31st to November 30th, 2014. Nearly 1/15 (6.4%) of the original projected cost and they haven’t even started on the actual main project. The bulk of the costs went towards the OHB ring-dike-levee and new golf course features…, instead of completing crucial internal flood protection for the city of Fargo and it’s residents. When the state of North Dakota committed monies to Fargo, did they ever think it would be spent outside the jurisdictional boundaries of Fargo?

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