Crown Hydro And The Renewable Development Fund - #NoCrownHydro

From Minneapolis Park Watch:

The carrot for Crown Hydro is a $5.1 million subsidy from Minnesota's Renewable Development Fund (RDF). The RDF is funded by fees from Xcel Energy's customers' monthly utility bills.

Thus far, Crown Hydro has been paid $1.5 million from this fund. It will receive no more payments until its next milestones have been reached.

The next payment milestones for Crown Hydro are all construction related which means that Crown Hydro cannot proceed without site control.

Unfortunately for Crown Hydro, the historic St. Anthony Falls site that Crown Hydro wants is a site that is problematic for the Crown Hydro project.

View the article...

IMPORTANT ALERT - PLEASE ATTEND THE MINNEAPOLIS PARK BOARD MEETING TO VOICE YOUR OPINION ON THE PROPOSED CROWN HYDRO PROJECT:

Wednesday, May 4

5:00 P.M. REGULAR BOARD MEETING. The meeting will be held in the boardroom at Park Board headquarters, 2117 West River Road, just north of Broadway Pizza.

5:30 P.M. OPEN TIME. Speakers need to sign up before 3:00 p.m. the day of the meeting.

MORE DETAILS TO FOLLOW.

“It is simply outrageous that the Legislature would even attempt to override the decisions of local government, in this case the Park Board, and compel both the sale of public land and the planning approvals required for a private developer for their private development”
- City Council Member Lisa Goodman (7th Ward)

Visit the No Crown Hydro Fan Page on Facebook and give us a "Like" to show your support!