Library filed under General from Illinois
From numbers acquired from this FOIA request, it was determined there is an accumulated five-year loss of more than $130,000. At the end of 10 years, when the last of the turbine's loan payments are scheduled to be made, the district can be projected to have a deficit of more than $260,000 if the expenses or repairs don't go up. In the most recent year alone, the annual insurance and maintenance expenses have risen more than $2,000.
Is the Bureau Valley wind turbine an asset or liability? The Bureau Valley District 340 Board of Education heard a report on the turbine's performance at a recent meeting.
But Brooklyn Township trustee Wesley Englehart said the company needs to make at least $620,000 more in improvements to township roads and bridges. He said the township's lawyer is working on the situation and that Goldwind has nearly $1 million in an escrow account to deal with such problems. In one instance, Englehart said, the company must replace a big box culvert.
"The members felt a strong obligation to follow the ordinance," member Barry Welbers said. "They did follow it stringently. Whether it's the most perfect ordinance, that remains to be seen." Welbers said he voted down the turbines because the company's plan didn't comply with the ordinance.
DIXON - Want to find out about the debates during Lee County's wind farm hearings? You'll have to attend.
At this rate, the wind-farm money could be used to cover projected deficits for the next 10 years, according to Janssen. But board members authorized about $200,000 in additional expenses Tuesday night. About half of that was for the probation department, to be used in connection with juvenile crime cases.
Stratton said the park district had been trying to get the turbine repaired since January, but the manufacturer of the turbine, a Canadian company called ReDriven, declared bankruptcy this summer, and replacement parts weren't available.
Wind farms proposed in the region are on hold as the future of a wind energy tax credit remains in limbo. The proposed 150-megawatt Panther Creek Wind Farm is currently on hold as Congress has not indicated whether it would extend the credit.
"Big Sky's unwillingness to make the mandatory prepayment on the mandatory prepayment date is motivated by not only the challenge faced by Big Sky in selling power in a sluggish renewable energy market, but also by reason of the precarious financial situation of Edison" which has said its unit may have to file for bankruptcy.
The debate surrounds the county's Planning Zoning and Building Committee's recommendation to change the wind energy code language to ensure it meets modern-day standards. ...The proposed amendments include doubling the distance between a primary structure and wind farm.
Illinois, Bureau County, and my neighbors sold my property rights to the wind farm. The proposed wind farm in which my property is included has control of my privately-owned property. I have to ask for permission to build a house or a barn on my own land. I have been to informational and zoning meetings and never told my property rights were compromised, or that I would be restricted for the loss of freedom to use my property as I wish.
Joe Gulotta, who owns 180 acres, asked why there was such a sense of urgency with the project. Carellan said the sooner the project begins, the better, as investors want to see the wind farms built. ...Gulotta said he is wary of the project and is concerned about the financing of it with the current economy.
By a 9-5 vote, the Woodford County Board approved a resolution that affirms the partial ownership transfer of the 100-turbine project being built near Minonk. The wind-farm developer, Gamesa Technology Corp., eventually plans to sell the entire project to Algonquin Power and Utilities Corp. of Canada.
Doug Huser, chairman of the zoning committee, believes Gamesa is violating the permit terms. He said he filed a complaint Monday with county Zoning Administrator Kim Holmes. Huser's objections include how the project's decommissioning aspect is funded. He also has said the special-use permit issued in 2010 to Minonk Wind LLC violates a county zoning ordinance regarding transfers.
The rest of the board agreed with the half-dozen residents who spoke at the meeting that the wind turbine wasn't appropriate for the area, which is known for its scenic river views and abundant wildlife, including eagles and other migratory birds.
In its decommissioning plan, Mainstream said it would set aside about $13,000 for such a process in Lee County. That compares to the more than $6 million the company's expert said it would cost to bring down the wind farm.
Wind turbines haven't often been on the minds of Decatur officials lately, but a rural Decatur resident, Doug Hartman, told city council this week that it should begin to take a good look at the local situation because it could be coming up in the near future.
Just before the vote, Stanley proposed hiring a third-party site inspector who would look out for the interests of the county, Hahnaman Township and residents. Her idea was included as a condition for the wind farm.
At issue is whether the special-use permit granted to create the wind farm is transferable to a new owner. The Spanish wind farm developer agreed in the spring to sell four wind farms, including Minonk's, to Canadian-based Algonquin Power and Utilities Corp. in a deal worth about $900 million.
While the DOE expects 2012 to be another strong year for new wind energy, development of wind farms will dramatically slow in 2013. That's because tax credits that provide wind energy producers 2.2 cents per kilowatt hour expire at the end of the year.