Also, if you need a warm fuzzy, read this sweet letter to the editor about dads in Missoula.
The advice at left is from our new white board. It’s from one of my colleagues, and an excellent tip.
Newsy stories not to miss?
Someone spilled the beans on the amount of money The Carlyle Group wants for Mountain Water Co. Read all about it in this story by reporter Martin Kidston.
It’s $200 million
!. Algonquin CEO Ian Robertson shared the “confidential information” on an investor call, according to the story. Why? Maybe because his investors are wondering if the three companies Algonquin is trying to buy, including Mountain, are really worth $327 million.
They’re roughly the same size as each other, and one just got appraised at $45.5 million. Huh. Hmm. Is someone bluffing on value? Are the parties using vastly different methods of calculating worth?
And who leaked the confidential number to Robertson?
One more? Missoula County Public Schools are making an unprecedented ask for money this fall, some $158 million in all. The ducks appear to be flapping about instead of lined up in a row.
Missoula County Public Schools will not have a location selected for a new Cold Springs Elementary School before voters are asked whether to pass an $88 million elementary bond that includes replacing the school.
And the schools aren’t scoring many points by recommending an architectural firm out of Great Falls for the bid. Seven out of the nine firms that applied are based in Missoula.
Here’s Kent Means, a partner at MMW Architects, in the story, also by Kato:
I was surprised that they chose an out-of-town firm with no local architecture representative.
The administrators recommended the firm in Great Falls, and the trustees will take up the decision tonight. Should be an interesting conversation.
Lastly? Decisions made more than 100 years ago mean the University of Montana is getting the shaft when it comes to income from land held in trust for education.
Example? UM didn’t even get a 10th of the income from renewables compared to MSU, some $264,000 in income for Missoula compared to $3 million for Bozeman.
That’s my story here. UM President Royce Engstrom is looking into whether change is possible. But it doesn’t seem likely.
– Keila Szpaller