Tittabawassee River Dams Will Be Rebuilt, But Who Pays Remains Controversial wdet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wdet.org Daily Mail and Mail on Sunday newspapers.
$15M fine for Edenville Dam owner proposed by federal regulators
Updated Jan 27, 2021;
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BAY CITY, MI Federal regulators want to levy a $15 million civil fine against the operator of a failed hydroelectric dam that unleashed flooding in mid-Michigan last spring, but creditors and a bankruptcy case trustee are pushing back, arguing such a large penalty would upend proceedings and jeopardize a settlement fund for flood victims.
Mark H. Shapiro, a Southfield attorney who is trustee in the Boyce Hydro bankruptcy case, warned the Federal Energy Regulatory Commission (FERC) earlier this month that imposing such a penalty against the beleaguered dam operator would “wreak havoc” on its plan to exit bankruptcy and pay off creditors and victims of the May 2020 flood.
It s official: Four Lakes Task Force acquires mid-Michigan dams
Transfer includes more than 6,000 acres of land
Jan. 21, 2021
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Dam properties previously owned by Boyce Hydro have been officially transferred to Four Lakes Task Force.
FLTF is the delegated authority working on behalf of Midland and Gladwin counties to oversee the dams and lakes along the Tittabawassee River system.
According to a FLTF newsletter released on Jan. 14, the Boyce properties are now under the ownership of FLTF, with the transfer including about 300 parcels/lots of land, with a total of more than 6,000 acres. Everything that was historically operated and maintained as part of the lake system was included in the transfer, including the lake bottoms, the newsletter stated.
Reader is not impressed with task force ourmidland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ourmidland.com Daily Mail and Mail on Sunday newspapers.