"YESTERDAY ALL MY TROUBLES SEEMED..."
"AMPGATE"
Spent a little time at city hall this morning. Wasn't there long. I viewed the contract that the city had entered into with AMP-OHIO and sorry to say it appears to be as I expected it to be.
Maybe the city hasn't been notified yet but soon they will receive the bad news.
This project we are "participants" in only states we own a measure of electricity.
As far as I can tell we don't even own a port-a-potty.
The contract states that even if a super majority of the participants want to cancel the project AMP-OHIO is entitled to be compensated for money they have spent. At this time they claim to have spent 200 million dollars and Painesvilles share of this would be close to 3.3 million. What has AMP spent on the "power-span" technology, I have no idea, what and who else have they [AMP-OHIO] contracted for services?
Now you can say well AMP-OHIO didn't deliver so why would we be obligated? Thats the reason you don't involve yourself with a "take or pay" contract.
AMP-OHIO would probably like to tell the participants forget about it, but then you have to ask who is AMP-OHIO obligated to for the 200 million dollars and I will bet that bank would not look kindly on a default of this proportion.
Everyone will talk about rolling this into something new, but the simple fact is the City of Painesville has spent over 3 million dollars and has not even a "D" cell battery to show for it.
As Foghorn Leghorn would say... "now boy thats whai I call "Fiscally Responsible".
I PRAY,PLEASE SOMEONE OUT THERE PROVE ME WRONG! Wake me up from this nightmare.
posted by terminator1 @ 5:16 PM
25 Comments
25 Comments:
AMP GATE....very appropriate. Since the city manager has chosen to be silent on this up to now, I must ask what did she know and when did she know it? In other words...when will the taxpayers get informed about how much we owe and how it is to be paid? It would be the smart thing if City Council would speak intelligently on this in the NEAR future...either we owe the money or not. And instead of the obfuscation and run-around that we usually get, we should get facts in a timely manner. As Bugs Bunny would say...."What's up, Doc?"
Now we're going to believe you can read contracts? I think when it all comes out, your going to be the biggest fool in town, no one lost anything except maybe your mind.
Laurelwood here comes the Term!
Wheres the REAL news operations, do you believe the N-H. or the P.D. would know about this?
Hey Term just go jump
38 million over 40 years --- is this the cost for just the 13 MW of electricity?
Or, does this also pay for our part of the 3.2 billion dollar plant?
Don't know if those papers would know about this 'real news' but looks as though the Martinsville Bulletin does. Follow this link to read their story about it. http://www.martinsvillebulletin.com/article.cfm?ID=21576
Painesvilles orginal investment was to be about 38 million dollars payed over the life of the plant [50 years] This gave us the right to purchase 13 kw of power at a cost plus transmission rate?
So, with construction costs increasing by 37% -- does that mean that our 38 million also increased by 37%?
Is that about 52 million?
Then, we have the right (and the obligation) to buy 13 MW each year.
Only in theory, the plant was scrapped due the increasing costs. The costs also had no end in site. We are only obligated to AMP-OHIO expenses incurred in this project.
So what your saying is Painesville and the other Amp communitys only cosigned for the electric generating plant? Why would Amp even need them?
Well what about the power factor, couldn't find anything bazarre about it? Just a formula.
Tell us Term, Is it Painesville you care about or is it destroying a few peoples careers?
Whats in this for you? fame, respect you will receive neither in Painesville. You,Flock,Tibbets
Murphy along with a cast of idiots want to destroy this town.
To destroy Painesville the above mentioned would have to get in line. Seems as if that process has been in the works for awhile.
New article in the Martinsville Bulletin
Monday, January 11, 2010
Adviser: City needs AMP cost report
A financial expert says Martinsville and other American Municipal Power (AMP) member localities should insist that the organization provide a full accounting of their costs toward a power plant project that recently was halted....
City Councilman Danny Turner said he understands a construction company might sue AMP over the Meigs County project. If that happens, he said, “we may not be able to get out” of the commitment.
“Two million is a lot of money,” Turner said. But he expressed concern that the city could end up owing more, such as if it has to pay money if a lawsuit results in a judgment against AMP.
The city’s other option is to participate in future AMP projects. Potential projects include retooling the Meigs County site to generate electricity by natural gas, additional hydroelectric projects on the Ohio River and/or a proposed natural gas power generation facility in Danville, officials have said.
Martinsville City Council on Tuesday will hear information on AMP projects that the city could participate in.
In deciding whether to take part in those projects, Sanzillo said council members “have to look at each project as it comes along” and decide if they think it is worthwhile....
Read the article at this link: http://www.martinsvillebulletin.com/article.cfm?ID=22048&back=archives
To 6:19: If Murphy had been on council, we would not be in this AMP mess, for one thing. He would have done the research, and he would have told the residents what the heck was going on.
To 9:21: Looks to me like AMP needed a bunch of fools, and they found them.
Question: So are we off the hook if we pay the 3 million plus, or do we continue to be on the hook for 40-50 years? The way I see it is that we are at least on the hook for every expense related to this plant now. Is that correct? Looks like we will have to pay part of everything -- the lawsuit against the contractor, too. What about if the plant needs to be torn down? It seems we would have to pay our share of that, too. If they decide to redo the plant into some other kind of plant, are we off the hook, or no?
Really, AMP got themselves quite a sweetheart deal, looks like to me. They're on the hook for nothing and we, along with the other fools, are on the hook for everything.
Holy Crap. How can we get straight and complete answers?
The only place you can get the answers to these questions are up at the "Golden Dome" It appears their not talking. Who will be accountable?
Thanks City of Painesville Parks Dept.
I called them and told them about the snow on the sidewalk on the coener of Erie & Richmond Streets, Consolidated Investment Corp. the owner of 10 W.Erie St. plowed there parking lot snow on to the sidewalk on Richmond St. people where walking in the road to get around it, the city was there right away to clean it up (dump truck, front end loader & skidsteer plus 3 or 4 men) sure hope they back charge Consolidated Investment for it......
There were a few in this town who asked council and all under the golden dome what they were thinking about signing our city on to this! Why could a few residents in this town see the hand writing on the wall and those sitting under the golden dome told us to shut up and sit down.
Some called the director down in Columbus two years ago and spent hours on the phone trying to get the information we could not get from our elected council people or city manager! The EPA director in Columbus was behind this Amp deal and said it was going forward, full steam ahead and we a residents has nothing to worry about.
Pissed? You bet! and still we call and get no answers!
Where are the pitch forks and angry towns people?
We should all be up at city hall pounding on the doors!
Rita are you fiddling while the coffers are emptied in this town? and when the coffers are empties you
my dear will have a sweet little investment package from this city and no worries while the wake of your administration has hung us all out to dry.
Wake Painesville, somebody please turn the lights on at the golden dome!
I think the only one around here that should get the pitchfork is The Term.
You will all look like fools in the near future.
Spreading lies and stories like this about people based without facts, he should be ridden out of town on a rail.
Hey Term,
The roof caved in on the Steele Mansion, looks like it might all have to come down.
From Ohio.com
Published on Sunday, Jan 10, 2010
Nine Ohio communities — including Cuyahoga Falls and Wadsworth — are partners with Bowling Green in the 6-year-old wind project, which cost $9.2 million to develop. The communities share in the electricity the turbines produce.
What's known as the Bowling Green Wind Farm Project soon might grow.
American Municipal Power Inc., a Columbus electric wholesaler, wants to add four wind turbines near Bowling Green and perhaps two near Painesville in Lake County.
The price tag: about $19.2 million.
The six new turbines from General Electric would be capable of producing 1.5 megawatts each and would be designed to operate at lower wind speeds than the Bowling Green turbines.
http://www.ohio.com/news/81086332.html
I prayed, and your soooo wrong!
McMahon needs to be asked a couple of questions flat out. I know Cimaglio has done his best trying to get straight answers from her regarding AMP, and it hasn't worked. She finds a way to SQUIRM out of giving an honest answer, so I don't know if there is actually wording that exists that could get a straight answer out of her, but how about this for a beginning?
1. If we do not sign up for another project with AMP, do we owe them money for our part of the failed coal plant? Please answer "yes" or "no.
You must be new here. It Cimaglio or anyone else asks her that question she will dance out of it without even working up a sweat.
Even if you go up there with written proof, her pit bull Gurley will shout you down.
The people who should be asking are the 7 people elected to look out for us. They are the only ones she has to ANSWER TOO.
The silence on this subjest from city hall should answer all your questions.
So in the end Painesville sent these AMP people 2.1 million dollars for there share of the loss in that power plant?
Seems the story was more fact than fiction.
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