At an EID board meeting on Aug. 26, three EID Board candidates were in the audience. Only one candidate, Greg Prada, stood up in protest of then-projected ongoing rate hikes, a special sweetheart deal — a $7,000 hook-up fee reduction for developers, and to question the EID’s mounting burden of debt and unfunded pension liabilities. The other two candidates, Richard Englefield and Dale Coco, sat silent.
These same two candidates, Englefield and Coco, were recently highlighted in a CBS Channel 13 TV news report, which questioned the propriety of the fact that their campaign mailers — now billing them as “crusaders against homeowner rate hikes” — originated from the Chamber of Commerce headquarters, a building rented for $1 per year from the government. And who funded the mailer? Parker Development’s new PAC. Both candidates’ campaigns have been generously financed by Parker Development, to the tune of a total of $34,000 — for a local election.
So we’ve got Parker Development now touting Englefield and Coco as “rate-control champions.” In light of the EID’s concession to developers with a significant hook-up fee reduction, doesn’t that seem a bit odd, coming from a developer’s PAC? What’s wrong with this picture? Am I missing something?
El Dorado Hills