"BLURRED LINES" robin thicke

Yes there are many things that look blurred in this Prairie State Energy Campus deal. Who presented the administration with what and when and why? Why would a city manager go on record stating that the cost of power from PSEC would cost $48.06 MW if not told this by someone? What possible reason would anyone defend this contract with rates as high as $104.04 MW?

During the last council meeting council-president gave a list of reasons why we still should support this Prairie State contract.
Let's clarify some of what he mentioned

First  the IEEFA is a conservation group but what numbers were left out? Where are AMP-OHIO's numbers? I agree with Ray Sternot lets see ALL the data.

That town in Missouri Mr. Hada mention Marceline bought 4 MW. and could not use it. So they got Missouri Public Energy Pool to buy their share. One catch Marceline has to send a check to Missouri Public Energy Pool for $22,000 a month for the next 45 months. What happens after the 45 months? The city is back in Prairie State why no 35 year contract here? Yet the Mayor claims this deal will save their city 6 million dollars. How do you spend $22,000 a month for nothing and save 6 million dollars?

Let's talk Moody's gave a favorable report? Well Moody's rated Enron A+ on the day they went belly up, what does that tell you? More Moody's. Paducah Ky. Power was downgraded from A2 toA3 due to the "take or pay" contract because of partial ownership share into PSEC. Moody's hopes is the long run this will be a successful venture.

Levelization is money "lent" to Painesville to keep the power at around a $73.00 rate per MW. The money used to do this must be paid back in full, no if ands or buts. They may not add to the debt, but Painesville is obligated to pay the levelization money back.

He also mention a study commissioned by the city manager from a Mr. Dwight Davis? with  concerns to Painesville Power. When I contacted the city manager for a copy of this report I was informed me he hadn't received the report yet and that Mr. Hada had only "verbally" conversed with Mr. Davis. Let's hope Mr. Davis was not the person that suggested Painesville join AMPGS and PSEC if he wasn't who was.

Yes council-president Hada is correct Painesville presently is the 10th lowest in electric rates now but we just paid for AMPGS over two million and PSEC only started producing power in 2012 does he believe or do you believe someone will be able to make that case in five years if we just sit on our hands?

Look what were we told when and by who? The former city manager didn't pull number's out of the air  who presented them to her? AMP-OHIO someone else ? Look if you were told something that wasn't true and I believe fraud was involved here, either by AMP-OHIO or Peabody Energy yet somehow almost 200 communities were stuck with a very bad deal. Is it so wrong to want to have someone look into this?