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Saturday, April 18, 2015
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Big Sky, big money Bureau County Board accepts replacement letter of credit for wind farm near Ohio, Ill. By Zita Henneberry zhenneberry@bcrnews.com
PRINCETON — Big Sky Wind, a wind farm
near Ohio, Ill., currently owned by Ever Power, approached the Bureau County Board Monday, April 13, requesting a replacement letter of cred-
it.
“The fact that I’m here again, it speaks more to the strength of the company, the strength of the project than it does to anything else. Because the fundamentals are strong, we’ve been able to attract different investors to the project, and that’s why this opportunity came about,” said Ever Power/Big Sky
spokesperson Mike Speerschneider. He said due to better interest rates and financing, Big Sky would like to replace the current $2 million letter of credit with Key Bank to a $2.4 million letter of credit with BMO Harris. Out of good faith in the project, Big Sky was able to add the additional 20 per-
cent to the letter of credit with the proposed bank, said Speerschneider. He said the letter of credit is a contract between the bank and the county. If the occasion arose where the county needed to access the money, Ever Power or Big Sky would have nothing to do with the transaction. “I would like to assure
you that the existing letter of credit is in full force and effect. It will remain in full force and effect until or unless this replacement is approved by the board and is issued,” he added. “Not one day passed that the county was exposed to risk, and that is still the case now and that will be
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Spring Valley shares wastewater treatment plant update By Goldie Currie gcurrie@bcrnews.com
SPRING VALLEY — Details on the design phase of Spring Valley’s future wastewater treatment plant were shared during a public hearing held Monday, April 13. City engineer Larry Good of Chamlin and Associates presented an overview of the project, discussed a timeline for construction and broke down cost estimates of the new plant. History on SV’s wastewater treatment plant Residents will never forget the flood damage sustained in April 2013. The council still displays poster-size photos of the city’s wastewater treatment plant, which sat mostly underwater after the Illinois River broke a levee and flooded the plant. Just days before the flood that year, Spring Valley went under a consent order from the attorney general’s office to correct discharge problems at the plant. The consent order required the city to correct issues before May 31, 2018. Due to the extent of damage caused by the flood and taking into account the plant’s problems before the flood took place, Gov. Pat Quinn presented the city with a $9.5 million state grant. After this, Good said discussion ensued to use insurance and Federal Emergency Management Agency (FEMA) monies from the flood damage along with the new grant to construct a new wasteYear 169 No. 47 One Section - 20 Pages
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water treatment facility rather than attempt to patch up the old plant, originally built in 1958, that had reached the end of its service life. Proposed project for a new wastewater treatment plant Good explained the city chose to construct an Aeromod Modular Activated Sludge Treatment Plant. According to project plans Good provided at the public hearing, the technology offers the advantage of a modular design where all the conventional operations of aeration, clarification and aerobic digestion are nestled into a shared-wall, compact layout. Good said the arrangement reduces the need for yard pumping. The total process has a smaller footprint than a conventional activated sludge plant, according to the project plans. This option has the advantage of providing large excess storm flow storage capability. Good confirmed the proposed construction of the plant is all within the confines of the existing plant property. There are also no known sensitive environmental areas, endangered species habitats or areas of historical/ cultural importance within the project area. What is project going to cost? The total cost estimate of the plant is around $11 million. Good provided a breakdown of where the money is coming from to fund
Spring Valley Page 4
BCR photo/Mike Vaughn
Bird’s-eye view As the temperature on the thermometer increases, so does the number of bird-viewing opportunities in Bureau County.
Princeton Chamber of Commerce holds annual meeting Homestead Festival grand marshal is Jan Milles By Goldie Currie gcurrie@bcrnews.com
PRINCETON — At the Princeton Chamber of Commerce annual meeting held Thursday, April 16, at Chapel Hill event center, the theme was spring. The evening recognized
the year’s outstanding achievements within the chamber organization and revealed this year’s Homestead Festival theme and Homestead Festival grand marshal. Attendees also heard from Todd Maisch, CEO and president of the Illinois Chamber of Commerce, who gave insight
into the state chamber of commerce and new direction the state is headed under Gov. Bruce Rauner. Maisch said he and his board are feeling optimistic, as Rauner is going after structural and transformational change. He said Rauner will make mistakes, he’s going to do things some don’t like, but the state chamber of commerce felt it was
Chamber Page 2
BCR photo/Goldie Currie
Jan Milles is the 2015 Homestead Festival grand marshal