"CARRY ON" crosby stils nash & young

Yes, I must be the wayward son?

A couple of weeks ago someone suggested I send a letter. Well the purpose of this letter as well as many posts on the blog. was that no one should be surprised when 'the s^*t hits the fan.
This letter was sent to the News-Herald over two weeks ago and I guess wasn't worthy of publication. I guess this site will be the only record of the failure of council as well as the administration to protect the $100,000 of dollars of the residents of Painesville.

In 2007 The City of Painesville entered into two electric contracts with it's electrical supplier AMP-OHIO. The first contract was for a coal fired plant located in Meigs County, Ohio. AMPGS the plant was never constructed, but due to Painesville's agreed  'take or pay' contract Painesville was obligated to reimburse AMP-OHIO 2 million dollars towards development costs. At the same time AMP-OHIO sold Painesville on a turn key 30 year contract to a power plant in Illinois. Prairie State Energy Campus with a somewhat price for power of $48.06 MWh. Painesville owns a share of the onsite coal mine as well as being responsible for all the coal ash. When the plant finally went on line in 2012ost for power reached as high as $170.00 MWh. and never close to the price estimated. AMP-OHIO in turn started a program called 'Levelization' where communities would pay approximately $85.00 MWh. financed by future bonds and communities involved knowing that in the future they would have to pay the 'levelization' cost accrued. Being another 'take or pay' contract Painesville as well as many communities have to not only pay the mortgage on PSEC, even if they only receive 50% or less of contracted power they are still obligated to pay 100% of power they contracted for and at the same time pay another charge for replacement power purchased through AMP-OHIO.

The past Painesville administration and council as well as the current Painesville administration and council see no need for these electric contracts to be investigated. We hear statements like 'we took a gamble' 'we don't want to upset other AMP-OHIO communities', we need more data', there's a process...., as well as it's a bad deal today but what about 2025?'

This contract as well as another AMP-OHIO contract coming in 2015 will have a adverse cost to residential rate payers, as well as businesses located or looking to to locating in Painesville due to high utiliy costs.

AS we have learned, Painesville Power only has only produced electric power sporadically in the past three years. These contracts are our future. The people  running Painesville Power must start running the electric department like a business or get out of the business. Many Ohio communities as well as others across the Midwest have already filed lawsuits against PSEC not to place blame but to find out if the communities were mislead by insiders on the costs and benefits of PSEC.

It is well past the time for the administration and city council begin making the right steps to correct this mistake.

                                                   Angelo Cimaglio
                                                   Painesville

The sad fact this letter will do little good unless the people and  businesses let council know that they want answers. You have a right to know the truth.

At least ask them why they haven't taken any recourse to save your money.

On another note congratulations Lynn on your appointment. I am sure you will do a capable job.