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Tax Plan For Natural Gas Plant Debated

July 23, 2014

MOUNDSVILLE — Marshall County Commissioner Bob Miller said he wants to see local construction workers earn up to $70 million in wages for building a natural gas power plant along the Ohio River, but......

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F15Eagle

Jul-24-14 10:43 PM

..or Not.

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F15Eagle

Jul-24-14 10:43 PM

Debated Plan?..heh.. this should get gooood..

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dyingov

Jul-23-14 10:17 PM

As of September 2012 over 140,000 pounds of VOCs have been removed from the subsurface soils. Contaminated soils from the Olin area of the site were excavated and either placed in the new landfill or shipped off-site. A gas processing facility is currently being built on the former Olin property which is currently owned by Williams. The investigation, as described in the Remedial Investigation/Feasibility Study Work Plan dated August 2010 is underway. Groundwater at the southern portion of the site is treated in the on-site waste water treatment plant and discharged to the Ohio River under a WV NPDES permit.

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dyingov

Jul-23-14 10:15 PM

Cleanup Progress The source area extraction wells are preventing ground water in the alluvial aquifer from migrating off-site. The waste water treatment plant treats over 300,000 gallons per day with a 99% contaminant removal efficiency significantly reducing the load of contaminants to the Ohio River. Construction of the landfill, both the north and south cells, was completed in August 2009. All of the Hanlin-Allied production buildings including chloro-methyl and mercury cell buildings have been removed. All of the production facilities on the northeast portion of the site in the Olin Area were demolished and removed in 1989. Investigations and removal actions are ongoing.

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dyingov

Jul-23-14 10:15 PM

Mercury, chloroform and carbon tetrachloride have been identified in the groundwater on the Hanlin-Allied portion of the Site. The Washington Lands water well, a groundwater public supply, is located 3,000 feet south of the site. The Moundsville Country Club, adjacently located to the site, uses groundwater for watering the greens and fairways. Groundwater extraction wells are operating to prevent groundwater borne contaminants from reaching the public water supply and the golf club's water supply. Recovered groundwater, after treatment, is discharged into the Ohio River in accordance with the terms of the West Virginia surface water discharge permitting program.

Some of the contaminants of concern for the Olin portion of the Site include 2, 4-diaminotoluene, 2, 4-dinitrotoluene, aniline, and nitrobenzene.

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dyingov

Jul-23-14 9:57 PM

bigmike, Same reason the coal fired plants were built at the mouth of the mines! We have the gas, now the venture peeps can build if they want! MC should tax the property (like they have for the previous coal, electric, steel and chemical industries). No way should the tax payer be on the hook for one darn dime! Cronies got's to go!

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BigMike

Jul-23-14 8:05 PM

Not saying this could be a bad deal for MC. But generally when some entity (MCP) benefits, some other entity helps pay the price (taxpayers). Thirty years from now are the taxpayers going to pay for the demolition of a rusted hulk and be responsible for the environmental cleanup and maintenance of the plant and grounds that they will own. Just askin!!

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BigMike

Jul-23-14 7:57 PM

Dino: "Isn't this sort of how the rich get the taxpayers to pay for billionaire owner's stadiums or arenas? "

YEP

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BigMike

Jul-23-14 7:55 PM

From the May 13,2014 article in this paper.

The county will purchase the plant for $1.00 after completion. Title in name only.

"The Payment in Lieu of Taxes plan shows the firm would pay the county commission as much as $39.29 million to lease the property over 30 year.

These payments are in addition to the $1 million lump sum the company would need to give commissioners once the plant would begin operating.

However, the company will receive an annual discount of $10,000 for every one of the 30 full-time jobs it maintains at the facility, reducing the likely total payment to the county over 30 years by $9 million."

AS MUCH AS $39.29 million to lease the property over 30 years. Notice the wording this 39.29 million (1.31M/yr) is not guaranteed. What are the terms?

+"They still need to work through several issues, including insurance and indemnification," Schambach said.+

Will Marshall County bear any future liability at end of plant's life?

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DinoCrocetti

Jul-23-14 7:42 PM

Isn't this sort of how the rich get the taxpayers to pay for billionaire owner's stadiums or arenas?

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BigMike

Jul-23-14 7:23 PM

dyingov: Ok, got it

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dyingov

Jul-23-14 7:14 PM

bigmike, New York New Jersey all the same! LOL

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BigMike

Jul-23-14 6:50 PM

atoddh: Are you saying Marshall Co. is doing the financing? I did not get that impression.

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BigMike

Jul-23-14 6:48 PM

dyingov: Principal office address 360 DELAWARE AVE., STE 406 BUFFALO, NY, 14202

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atoddh

Jul-23-14 6:46 PM

The County is the sole investor. They should receive most of the profit as such: perhaps 80%.

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dyingov

Jul-23-14 5:52 PM

bigmike, that is correct! Now back to the MOUNDSVILLE POWER LLC being chartered as foreign? Is Moundsville in New Jersey? The name makes it sound like the County Seat Moundsville is the location of the LLC....Play on words for the sheeple!

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BigMike

Jul-23-14 4:27 PM

"Ask the peeps why they are a "foreign chartered" company! "

Think in this case foreign refers to 'out of state'

Consol Energy, PPG, and CertainTeed also are listed with "Foreign Charters". They are out-of-state co's.

Co's with a principal office address in WV are classified as Domestic.

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DinoCrocetti

Jul-23-14 2:06 PM

I'm indifferent to Schambaugh as a person or where he makes his residence at this time, but it doesn't make much sense for him to rule on this major matter. Not even sure why he'd want to.

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dyingov

Jul-23-14 11:39 AM

christinamiller, Welcome to the show! Now reapeat that "private" investors for certainteed! Reads like the state of WV provided the funding with bond sales! Everyone on the take and the tax payers are getting tired....

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dyingov

Jul-23-14 11:04 AM

Foreign Charter!!!!Ask the peeps why they are a "foreign chartered" company!

Name MOUNDSVILLE POWER, LLC File ID: 317561 -

Type LLC | Limited Liability Company Effective date 3/11/2013 Filling date 3/11/2013 Charter Foreign Class Profit At will term A Control number 99ZG7 Member managed MBR Notice of process address CT CORPORATION SYSTEM 5400 D BIG TYLER ROAD CHARLESTON, WV, 25313 USA Principal office address 360 DELAWARE AVE., STE 406 BUFFALO, NY, 14202 USA Member JON W. WILLIAMS 360 DELAWARE AVE., STE 406 BUFFALO, NY, 14202 USA ANDREW W. DORN JR. 360 DELAWARE AVE., STE 406 BUFFALO, NY, 14202 USA ANDREW W. DORN IV 360 DELAWARE AVE., STE 406 BUFFALO, NY, 14202 USA

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dyingov

Jul-23-14 10:58 AM

The selling point: "At more than $100 million, the CertainTeed Gypsum plant represents the largest manufacturing investment in the state since 1996, when Toyota announced it was locating a $400 million engine plant in Buffalo. The new plant is expected to create 200 jobs within three years."

So how many are employeed at the plant? Sad Stuff!

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dyingov

Jul-23-14 10:55 AM

“The proximity to American Electric Power’s plant – and to the key ingredient of our gypsum board - was a driving force behind CertainTeed Gypsum’s decision to locate in West Virginia,” says Peter Dachowski, president and CEO of CertainTeed Corporation. “Coupled with the support we’ve received from Gov. Manchin and the state of West Virginia, we knew that Moundsville was destined to be the home of CertainTeed Gypsum’s new facility.”

The now-operational plant is the culmination of efforts from numerous governmental agencies. The West Virginia Economic Development Authority (WVEDA) issued $200 million in revenue bonds to help provide financing for the project. The West Virginia Development Office (WVDO) facilitated the project, coordinating efforts between the company and other resource and regulatory agencies. WORKFORCE West Virginia provided technical assistance with applicant screening and employee training.

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ChristinaMiller

Jul-23-14 10:12 AM

The plant is totally being paid for by private funds according to every newspaper article out there - all $615 million of it.

The CertainTeed plant was brought to Marshall County exactly the same way.

The county doesn't own CertainTeed any more than they would own this power plant. It's a paperwork thing only to bring new business to our county.

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Triton

Jul-23-14 8:33 AM

Who would have thought that a totally Republican county commission would be proposing using gov money to build a power plant and would have labor supporting them. The 800 pound gorilla in the room is always going to be the idea that business should exist because there is demand and profit. If the idea has merit why doesn't the company gather venture capital (from people who also want to make money) and build the plant. America must have finally gone nuts, that business won't open unless taxpayers underwrite the risk of failure/success. Kammer/Mitchell/Cardinal all were built by companies to make money and have. We have abundant nat gas to power the plant and a tie in with the national electric grid, that should be enough. Its not like a bunch going together to buy a keg, its a power plant. If the company is not willing to take the risk of doing business, this is not a good deal. Why isn't AEP doing it? Or converting Kammer which is closing down from coal regs? Very odd, huh?

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VincentVega

Jul-23-14 8:09 AM

Why should SCAMBAUGH care what happens to the people of Marshall county who elected him? He lives in St.Clairsvlle Ohio. This phony toilet bowl cleaner salesman should be run out of the state! Don "Do Nothing" Mason should recuse himself from making any decision that requires a brain!

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