Paying for Bluebonnets Lawsuit
Posted in the Bastrop Forum
#1 Nov 15, 2011
Let me start by saying we were evacuated for a week, out of work and residents of Tahitan. We were fortunate to still have our home and feel such sadness for those who lost everything. I watched the news coverage of the "law suit" tonight and I'm really on the fence, or just don't know what to say. Bluebonnet has been cutting down trees everywhere in the subdivision the last few days, trees not even close, or ever will be, to power lines. A cover your ass so to speak? I really am at a loss for words. Throughout the whole ordeal we were meat waiting and waiting. Nobody would give us any clear reasoning to what exactly was going on. Now you want to clear ALL of the trees from our property, for what? And then we see it, a law suit is in forced. Is this what our ridiculous monthly 'surcharges' are for? Better pad the account to cover pay outs in the suit? The rest of the area has no choice but to pay them, we need electricity! Who else can we turn to? But why should we suffer more (yes I understand we did not lose everything but mind you we did take a hit by being disbursed, without pay, no insurance to cover that being 'ok' and seeing our community suffering is the indescribable. What I'm getting at is why should we continue to pad Blue Bonnets account with rising "service" fees?" We have ALL suffered to some extent, when does the suffering stop?
#2 Nov 16, 2011
Look at BB's financials for the past few years (they used to be posted on their website). This "non-profit" was making an average $5M profit each year. Adding a "service fee" now is just a poor excuse to increase revenue without justification. The lawsuit's immediate impact might be to increase their insurance premiums, but there is plenty of room in their budget to absorb that cost. BB's liability in the lawsuit would likely be completely covered by insurance. As to the increased cutting of trees, you are right, BB is probably going way overboard. However, if there would have better managed the trees before the Labor Day fires, I don't think be faced with the need to take this drastic action in the first place. Penny wise and pound foolish in my mind. Unfortunately, our pennies and pounds.
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