Jordan Lake rules could cost Triad
Newly adopted state environmental regulations could cost taxpayers in Guilford County and throughout the Triad tens of millions of dollars over the next decade…
The rules are designed to curb the amount of nitrogen and phosphorus flowing from Greensboro and other points north and west of Jordan Lake, which is between Pittsboro and Apex.
…Greensboro alone will have to complete $70 million in upgrades to its sewage treatment plants to comply with the new regulations…
…Phosphorus and nitrogen, naturally occurring chemicals, are useful in fertilizers that help crops and lawns grow. But too much of them are flowing into the lake, causing blooms of algae that grow unchecked and suck the oxygen out of the lake…
The new rules aim to reduce the amount of nitrogen and phosphorus flowing from a number of sources, including farms, sewage plants and lawns outside homes and businesses…
Mark Binker
Greensboro News and Record, November 28, 2008
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1/28/10
Are principal and interest payments of an expected $70 million bill for complying with Jordan Lake Rules accounted for in the City of Greensboro’s $11.2 million deficit?
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5 comments:
That's an awfully old article and Binker's not strong on the issue. I'm not saying it isn't correct. Try searching my sad place on the subject.
Here's the final version. Who knows, it could be more than $70M.
So has the City accounted for these costs in its budget?
Has the City determined that all the debt we intend to add on including the Jordan Lake costs are doable?
City Council can't say they didn't know.
Don't steal from my kids.
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