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Ontonagon
River to be Dredged
Earlier |
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| Ontonagon - November 12, 2008 |
| The Ontonagon County Economic Development
Board held it's monthly meeting at the
Candlelight Resteraunt Wednesday evening. Due to
the special meeting of the Ontonagon County
Board Meeting held at the same time , meeting
space at the county courthouse became scarce.
Very Scarce. |
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| Among the several topics discussed at the
meeting was the dredging of the Ontonagon River
this past year. To be specific the "very late
dredging" of the river. As a consequence of that
late dredging, coal was delivered late to the
Smurfit-Stone coal docks thus
setting back the manufacturers schedule. It was
not clear that whether or not the late shipments
is the cause of the six week layoffs at
Smurfit-Stone scheduled to begin within the next
two weeks.
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| The late dredging did however, result in
many complaints being filed to the U.S. Army
Corps. of Engineer. On November 3, 2008 Chief
Engineer and Chief Officer, Wayne Schloop sent a
letter to Mary K. Smith of the OEDC. In his
letter, Schloop recognizes the the 2008 dredging
problem and advised that he intended to award
future dredging contracts earlier.
Additionally, the contract will include a
provision reducing the allowable completion time
to earlier in the season.
Read Corps of Engineer letter Other items
reviewed included the review of the 2007-2008
Ontonagon County Revolving Loan Fund Status
Report. The report indicates that $158,244
is available in the fund for future use.
Read the RLF status report
The board discussed the December 3 Wind
Energy Workshop to be held at Michigan Tech. The
total cost per member to attend the meeting
would be $76.
A serious discussion took place regarding the
safety of coal pile on the EDC docks.
Bruce Johanson stated that "he was
concerned that the pile which was intended for
the White Pine Electric Power Company in White
Pine, has not been "stirred." that internal
combustion could cause fires inside the idle
piles".
Do you suppose that if the coal pile sits
long enough that they may find some diamonds on
the bottom of that pile?
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Listen to the OEDC board meeting |
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2007-2008
Ontonagon County Revolving Loan
Fund
Status Report
October 1, 2007 through September 30, 2008 -
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Balance Forward 10101/07 $ 239,015.28
Revenues
Interest Paid on Loans $ 30,697.08
Principal Paid on Loans $ 104,023.61
Interest Earned $ 2,902.66
Total Revenues $137,623.35
Disbursements
Ontonagon County EDC Admin. Fees $ 17,394.63
Environmental Review $ 1,000.00
Northwoods Candlelight $ 20,000.00
Rosa Corp. (Pending) $ 180,000.00
Total Disbursements $ 218,394.63
Available RLF Funds October 1, 2008 $
158,244.00
bja
11/3/2008
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