ELSIMORE MAGAZINE 1
May 18, 2007
A very, very! powerful rejection on the LEAPS Project handed down by the Caiso and the California Electricity Oversee Board on May 1 2007. The rejections found that LEAPS is not a viable project under its present plan. As city treasurer Peter Weber reported the LEAPS Project will not make a profit for anyone, confirmed by Caiso and the California Electricty Oversee Board in thier powerful rejections report of May 1. Matter of fact they all concurred that the LEAPS Project would lose millions yearly. Another point in the rejections made by the two agencies is that the Energy Policy Act of 2005 does not cover the whole LEAPS project plan of Nevada Hydro's present plan. Nevada Hydro had asked for some $80 million in public funds gaurantee for the first three years with the pay back falling back on the ratepayers. It was rejected. The rejection is a big blow to Nevada Hydro's gauranteed funds and the LEAPS Project as a whole. EVMWD has allocated over 3 million dollars to Nevada Hydro since the 1997 Development Agreement Plan. There are reports that shows who EVMWD paid the individual bills to for Nevada Hydro but no reports on what the actual bills were paid for and why it was necessary to pay these Nevada Hydro bills. Among some who issued invoices to EVMWD for payment for, Nevada Hydro is EVMWD's very own law firm Best, Best & Krieger in amounts over a millions within about a 18 month period. It is a question on why would Nevada Hydro use EVMWD's attorney firm instead of one of their own law firm. There are also a question as to whether or not the approval of the 1997 Development Agreement between EVMWD and Nevada Hydro by a previous Board of Directors is still applicable to the pesent LEAPS Project P 11858 which is a very different project than the project that was originally articulated back in 1997. These comments came from EVMWD's Districts Attorney John Brown at a March 22 Board Meeting. Interested citizens should check into the applicability of the 1997 Development Agreement for LEAPS on its validity. Another interesting issue surfacing is the Energy Policy Act of 2005. More than 40 members of Congress are calling on the nations energy secretary to put off designating national electric corridors in Southern California and the East Coast. Senators and Representatives signed a letter dated Tuesday addressed to Secretary Samuel Bodman stating that the agency isn't providing the public an adequate opportunity to comment on the corridor plan which include Southern California. Comments for public opposing or favoring views will be open to July 6, plus additional public meetings are planned. Public may comment by computer at http://nietc.anl.gov/involve/comments/index.cfm or more info contact Staff Writer Dave Downey at 760 740 5442 or firstname.lastname@example.org
By the way ELSINORE MAGAZINE 2 is back ourblog1000.blogspot.com We are back but have not yet posted on the site.