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Friday, April 29, 2011

Newspaper Endorsment for 'mystery hydro' gets blasted

Here is a letter to the editor of the Niles Daily Star, who chose to endorse the concept of never-before seen or used kinetic turbines for the sale of the Pucker Street Dam to Falling Waters, LLC out of South Bend, Indiana.

After researching the firm, its credentials, its clients, its former probations and fines from the Indiana Attorney General, and the style of kinetic top-water turbine power proposed, we conclude that there will be zero benefit to the city beyond its $100,000 price tag.  We also are sketpical that this site would actually become the first power source of its kind in the United States with so little fanfare and such meager power capacity.

The only gain we see thus far is that a 2 person firm will get some property, try and glean 7.9 million in grants. They will  only created private revenues and no electrical benefit or tax revenues given to Niles.




CLICK HERE to Read the 4/29 Letter to the Editor !!!




This is the Editorial in question---published by the Niles Daily Star in support of Vapor-Ware.  See below:










Thanks!

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