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