This article covers the topics about what was said.
The paper implies that the buyer would be able to supply 650 homes with power.
Please note: this was given only as an example. If the dam is sold, the buyer will NOT be entering into any deals to supply power or sell power to Niles. So this was just a feature of what might happen if a new dam is built by the buyer at the buyers new site.
Secondly, the $7.9 million dollars to re-work this dam is not an investment by some heavy hitting optimistic financiers. This money would come in the form of grants that need to be approved. The grant applicant has a sketchy past and a present business that has no clients, references, or money.
2/28 Meeting: Niles Daily Star Link
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In December 2010, a group requested that Niles consider removal of the Pucker Street dam in an upcoming vote. The dam has out-lived its usefulness and is in-operable. However, water quality and the dam's structure continue to degrade. Paid energy consultants report that dam restoration isn't economically feasible. Today, funds for the dam's removal are available. We dedicate this page to those wishing to learn facts and seek your participation in some small way.
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