WCSD loaned $150,000 to a group of Incline residents (ibiv).  Only $80,000 got paid back.  Now WCSD says, "the District does not loan funds."

Here is the News 4 story about WCSD ending IB in Incline, and Pedro Martinez attempting to "CHANGE THE FACTS ABOUT THE BAD LOAN" by WCSD to a group of local citizens in Incline.
http://www.mynews4.com/story.php?id=40271

Here is where the District (Steve Hull) said the District did, "upfront the $150,00" to ibiv.
http://www.youtube.com/wcsdtvnews#p/c/28BA91EBF31E6948/13/FD-irJpEZLA

Here is the Written Understanding in reference to the loan from WCSD to a group of Incline residents, as reported by the Bonanza on 9/17/10.
http://www.tahoebonanza.com/article/20100919/NEWS/100919927&parentprofile=search

WCSD loaned a group of private residents $150,000.  The group had a year to pay the District back.  On 1/6/11 the Bonanza reported ibiv still owes the District $65,000* for the 2010 calendar year.  There is little chance the District will ever get it back.  http://www.tahoebonanza.com/article/20110106/NEWS/110109985&parentprofile=search

On 3/16/11 in response to a Public Information Request PIR: the District said only $80,000 was "forwarded" to WCSD which would mean the residents still owe WCSD $70,000*.  They also stated they spent over $109,000 of District money for IB in Incline.  WCSD also said the District, "does not loan District funds."
http://truthaboutib.com/images/2011-03-16_Request_I_Response.pdf

The RGJ printed two letters about the bad loan.
http://www.rgj.com/article/20110323/OPED02/103230379/1100/Stopping-IB-would-save-district-money

http://www.rgj.com/article/20110327/OPED02/103270323/1100/Was-district-s-loan-allowed-by-law-

In this Bonanza article dated 3/30/11 Superintendent Morrison said, "if IBIV is unable to reimburse the $65,000*, the district will absorb the deficit."
http://www.tahoebonanza.com/article/20110330/NEWS/110339992/1061&ParentProfile=1050
 
WHO WILL HOLD WCSD ACCOUNTABLE FOR:
1) Making a bad loan to a group of Incline residents,
2) Then denying that it was a loan,
3) Wasting District funds?

* On 1/16/11 the District said the amount owed to them by ibiv was $65,000, on 3/16/11 they implied it was $70,000, on 3/30/11 they said it is $65,000.