TANC's Power Project is Gasping for Cash..But Tom Van Groningen's NOT completely Convinced?
The writings on the wall but some MID Board members are still considering saddling rate payers with Billions of dollars of debt!
What does it take to get some sense into these people Unfortunately the Bee didn't contact Allen Short MID General Manager and TANC Chairperson.
It's interesting to note that the Modesto Bee didn't even take the time to inquire about these loose cannons on going misdeeds. The article was written out of Sacramento. Here's the article by Ed Fletcher
One of the largest public works projects in the West, a 600-mile high-voltage power line from Lassen County to Turlock and the Bay Area, is on life support after its biggest player abruptly pulled the plug.
A magnet for opposition from landowners whose properties would be crossed by the power lines and environmental activists, the transmission line project was promoted as vital to the region's clean energy future.
A consortium of municipal power providers said the power lines were needed to bring renewable solar, wind and geothermal energy from the northeast corner of the state to power-thirsty urban areas.
On Wednesday, the Sacramento Municipal Utility District said it was pulling out of the $1.5 billion project, leaving a gaping hole in the budget. SMUD was expected to shoulder 35 percent of the project's costs.
The Transmission Agency of Northern California, the project's sponsor, has 15 members. But just five had agreed to fund the project's environmental impact studies and, if ultimately approved, finance the project.
The remaining participants are the city of Santa Clara, Redding Electric Utility, and the Modesto and Turlock irrigation districts.
The Western Area Power Authority is a federal partner.
On Thursday, those partners grappled with questions about the project's vitality.
Keeping the project alive means one or more of the remaining players would have to absorb SMUD's $525 million share, or find a new partner to salvage the project, or even pieces of it, officials said.
Most of the staff and board members of the participating utilities contacted Thursday said they doubted the project will survive, despite the need for additional transmission capacity.
Tom Van Groningen, the Modesto Irrigation District board chairman, said he would "give serious consideration" to pulling out as well.
The likelihood of carrying on without SMUD is "very, very slight," he said.
Modesto had expected to pay $300 million of the total project cost, he said.
Now for the rest http://www.modbee.com/local/story/768824.html
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Just more of the Old Guards handywork
Next they will cry emergency and say Modesto needs to pay them for major repairs, or find another way to raise rates. same bag of tricks.
Old Guard is right...and supported by the Bee Editorial Staff
they take a shot at Mike Serpa every chance they get but he's the only one on the Board fighting for the common man.
They will find away
to get rid of him also, he knows too much. I hope he gets some support from the those in power.
But where?
Apparently GlenWild is pushing the TANC proposal
And also running for the MID Board of Directors.
So Allen Short recruited Glen Wild to help raise our rates..
I wonder when the Bee was going to make mention of the fact?
Well you heard it here first.
Short, Van Groningen, Warda, Wild...all want to raise our rates
Do we want to let them?