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Bond In Investing Savings It will take an act of the state Legislature for a proposed energy-generating wind turbine facility to be built at the old Houdaille Quarry in Springfield.

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Bond Investment Toledo Toledo As it stands now, construction of such a facility is prohibited under the terms of the lease Union County has with the state Department of Transportation for the rocky, 165-acre tract of land being eyed for the project.

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James Bond Trading Card Sen. Thomas H. Kean Jr. (R-21st Dist.) said he has legislation prepared to allow for changes to the current contract so that the property could be used for a wind turbine operation.

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Bond In Investing Stock "It would not compel anyone to do anything, it would just permit such a use at the site," Kean said.

The effects of new legislation restricting the spread of wind farms in Scotland have been felt for the first time.

Municipal Bonds Investment However, he wants to be sure everyone is on board with the project before introducing the proposed bill, the senator said.

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Bond Terms Trading Everyone includes officials at the county and in neighboring Summit, where the town's Utility Advisory Committee plans to meet next month.

Bond Debt High In Inside "The committee is planning to meet first week of September to discuss the issue of using windmills as a source of energy," said Clerk David Hughes.

Bond Greenville Greenville Springfield Township Committeeman Sy Mullman sought the meeting with officials in Summit to discuss the project.

Trading Stock And Bonds It has been three years since Mullman first proposed the idea of installing about 30 wind turbines on the land owned by Union County, and Mullman said the recent blackout impressed on people the necessity of seeking alternate energy sources.

Bond Investing Municipal "We have to move on this since there a number things that have to get done before construction can actually begin," he said.

Basis Bond Finance Hill Summit Mayor Walter Long said he would wait for a report from the advisory committee before making a final decision, but he indicated he personally favors Mullman's proposal.

Bond Explained Terms Trading "If you take a look at what recently happened with the blackout, nobody is investing in the infrastructure, our utilities are outdated, so we should at least explore the options," Long said.

Bond Business Investing Stock County Manager George Devanney said the county needs more information before making a decision on the energy-generating wind turbine project.

Bond Houston Houston "We need to know exactly how many turbines will be installed, how tall they will be and whether such a project is feasible at that site," Devanney said.

Stock Bonds Day Trading "Last November, we granted Springfield permission to access the site and conduct any studies they wanted. To this date we have heard nothing back from Springfield," he said.

Bond Corporate Investing Mullman said the feasibility tests will be conducted after it is clear everyone supports the project. The nine-month tests cost about $25,000, "so we want to be sure we have everybody's cooperation before proceeding," Mullman said.

Investment Bond Uk The costs would be included in any agreement signed with the company that would build and run the facility.

Bond Trading Strategy Community Energy Inc., a Pennsylvania company using turbines for residential and commercial customers, is interested in the project, Mullman said.

Bond Fixed In Income Investing It would take at least two years before any wind turbines are built at the old quarry once all of the necessary permits and zoning changes are in place.

Bond Dayton Dayton Investment Mullman said the proposed "wind farm" would produce enough clean energy for the township and four other communities. Some of the spill-over electricity would be sold to a utility company.

Bond Management Market Risk "It wouldn't cost taxpayers a cent since the company selected to build the facility would pick up the bill, and we would also seek an arrangement in which our municipal buildings would be provided with free power," Mullman said.

Bond In Investing Municipal By Robert E. Misseck
Star-Ledger - 8/27/2003

Topic: Energy

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