Tag Archives: Planning

What actually gets companies to locate in Chattanooga?

So we heard about Chattanooga all during the school “unification” referendum. I turns out Chattanooga really does have something that attracts business (no, not a unified school system; if you want to go back into that, I’ve got the references available). What really attracts businesses to Chattanooga is fast Internet broadband access.

Christopher Mitchell wrote for Planetizen 30 April 2012, Should Your City Build Its Own Broadband Network?

While on a site selection visit in Chattanooga, a CEO asked about broadband access. When told that the slowest tier on Chattanooga’s community fiber network was 30 megabits per second, he turned to his IT adviser for a translation. Upon hearing “that’s more than we can get in our headquarters presently,” the company cancelled its other planned visits and located its new site in Chattanooga.

That’s right, Chattanooga really does have one thing going for it: high speed Internet access.

Why does that matter?

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Nuclear’s “bet-the-farm” risk —Moody’s

Wonder why Southern Company couldn’t get private financing for its new nukes at Plant Vogtle? Because back in June 2009 bond-rater Moody’s said this:

But from a credit perspective, the risks of building new nuclear generation are hard to ignore, entailing significantly higher business and operating risk profiles, with construction risk, huge capital costs, and continual shifts in national energy policy.

In case that wasn’t clear enough, they spelled it out further.

Nuclear’s “bet-the-farm” risk

The NRC says about 14 companies to date have submitted COL applications, proposing numerous new nuclear reactors for power generation. The first of these COL’s is expected to be approved beginning in mid-2011. Many of the COL license applications include partners, but the next table lists the primary holding company entity behind each project, and our view of the activity level associated with the endeavor.

From a credit perspective, companies that pursue new nuclear generation will take on a higher business and operating risk profile, pressuring credit ratings over the intermediate- to long-term.

Moody’s wraps up with some reassuring words for financiers, but maybe not so reassuring to we the taxpayers:

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Transparency in Valdosta (or not): Impediments to Fair Housing @ VCC 2012 04 05

The Valdosta City Council has apparently heard of transparency, but seems unclear on how to go about it, judging by this housing analysis issue.

David Rodock wrote for the VDT Sunday, Valdosta’s quality of life: Disagreement over how to fix the issues,

In early April, Valdosta City Council members voted almost unanimously to approve the submission of a plan to HUD that would address socio-economic problems for citizens — except for District 1 council member James Wright.

“I felt as if we didn’t have enough time to review the document,” said Wright, as the 100 page document was not provided until the day before the vote.

The document in question is the “Analysis of Impediments to Fair Housing” and was prepared by a Texas firm, J-QUAD Planning Group. The study is required of any city that receives funds directly under the Community Development Block Grant (CDBG) Program though the United States Department of Housing and Urban Development (HUD), which Valdosta became eligible for in 2004.

According to the minutes of the 5 April 2012 Valdosta City Council meeting, Council Wright wanted to delay voting on the document because there was a lot of public interest in it. Mayor Gayle pointed out it was simply a pro-forma analysis required by HUD, and not a plan. Council Vickers said they could form a committee to make a plan. But the council didn’t seem to include formation of such a committee in the motion to accept the analysis that finally passed.

So Council Wright has moved ahead on his own:

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Videos @ VCC 2012 01 05

Here are videos of the entire Regular Session of the Valdosta City Council of 5 January 2012.

There were actually two meetings:

  1. With the old Mayor and Council (agenda and minutes).
  2. With the newly elected Mayor and Council (agenda and minutes).

Here’s a video playlist:

Videos, Regular Session, Valdosta City Council (VCC),
Valdosta, Lowndes County, Georgia, 5 January 2012.
Videos by Gretchen Quarterman for Lowndes Area Knowledge Exchange (LAKE).

-jsq

New nukes increasingly bad business bet for Southern Company and Georgia Power

Harvey Wasserman wrote for HuffPost 9 April 2012, America’s 2 New Nukes Are on the Brink of Death,

The only two U.S. reactor projects now technically under construction are on the brink of death for financial reasons.

If they go under, there will almost certainly be no new reactors built here.

The much mythologized “nuclear renaissance” will be officially buried, and the U.S. can take a definitive leap toward a green-powered future that will actually work and that won’t threaten the continent with radioactive contamination.

Those are the stakes. And in that high-stakes poker game, it seems Southern Company is doing a little bluffing.

In Southern Company’s (SO) Q1 2012 Earnings Call 25 April 2012, its CEO Thomas Fanning revealed another little flaw in the project:

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Videos, Greater Lowndes Planning Commission March 2012-03-26 @ GLPC 2012 03 26

Here are videos of the entire March regular meeting of the Greater Lowndes Planning Commission (GLPC). I would include a link to the agenda, but they don’t publish those anymore. They don’t even have a website anymore. So you’ll need to watch and try to figure out what’s going on.

They meet again tonight. For that meeting, we’ve got an agenda.

Here’s a video playlist for their March meeting:

Videos, Greater Lowndes Planning Commission March 2012-03-26
Regular Session, Greater Lowndes Planning Commission (GLPC),
Valdosta, Lowndes County, Georgia, 26 March 2012.
Video by Gretchen Quarterman for Lowndes Area Knowledge Exchange (LAKE).

-jsq

Fixing the illusion of certainty in Georgia Power’s decision-making

Why is it so hard to get a company like Georgia Power or The Southern Company to get on with solar and wind power for clean energy, for national energy independence, and, most importantly to such corporations, for their own profit? Why instead do they keep investing in coal and natural gas and wasting our tax and customer dollars on nuclear financial boondoggles? Why did Cobb EMC back new coal plants until they had their nose rubbed in national shame about corruption and do nothing about solar until their shareholders revolted and changed a majority of their board? We don’t even need to wait for that forensic audit the new Cobb EMC board wants to get the big picture. Such companies consider what they’re used to to be low risk, and anything new to be risky. Why are they so stodgy, and how do we change that?

These companies have many decades of experience with coal and natural gas, so they consider them less financially risky. (Details like neighbors dying disproportionately from cancer cost a little bit to buy up property, but that’s nothing compared to readily predictable profits.) Even nuclear such companies consider not risky to them, since they’ve got the federal government and their own customers guaranteeing all the financial risk through Construction Work in Progress charges on their bills for power they’re not even receiving from the new nukes and agreement from Georgia PSC that cost overruns like those caused by concrete sinking into the dirt can be passed on to the customers.

Neal Stephenson wrote for World Policy Journal September 2011, Innovation Starvation,

The illusion of eliminating uncertainty from corporate decision-making is not merely a question of management style or personal preference. In the legal environment that has developed around publicly traded corporations, managers are strongly discouraged from shouldering any risks that they know about—or, in the opinion of some future jury, should have known about—even if they have a hunch that the gamble might pay off in the long run. There is no such thing as “long run” in industries driven by the next quarterly report. The possibility of some innovation making money is just that—a mere possibility that will not have time to materialize before the subpoenas from minority shareholder lawsuits begin to roll in.

But if the old ways turn out to be suddenly risky, change can come. Funny how Cobb EMC changed its tune after subpeonas started raining down for its former CEO Dwight Brown. Sure, he got off on a technicality, but it turns out Cobb EMC shareholders didn’t like Continue reading →

Valdosta confused about water uses

Is there an outdoor water restriction in Valdosta, or isn’t there? The city and the newspaper seem confused about that. Also remember much of Lowndes County gets its water indirectly from Valdosta through the county’s utility system. And that with groundwater levels at all-time lows, we need to be conserving all the time anyway, and thinking about how much and what kind of growth we want.

The City of Valdosta front page says:

In the Spotlight

The City of Valdosta has issued an outdoor water restriction suspending all outdoor water uses for 72-hours, or until further notice. Click here for more.

Yet if you click there, you get this error page:

Error The page you have requested does not exist. Please click here to go back to the home page.

Similarly, there was a VDT article on that subject, but that link also goes nowhere now.

Stephen Abel wrote for WALB yesterday, Temporary water restrictions in effect for Valdosta,

Folks in Valdosta need to think twice about washing their cars, or doing anything else that uses much water, this weekend.

“The city of Valdosta is urging all citizens to immediately cease outdoor irrigation use and all other nonessential uses of water. Now and throughout the weekend,” said Public Information Officer Sementha Mathews.

Severe vibrations in the water pumps is what put them out of commission. “The city’s water treatment plant experienced some mechanical issues this week with two of its raw water well pumps which caused the low levels in water,” said Mathews.

So, did the city fix its pumps? Or is it just confused about what to do?

WCTV posted this update, and seemed to indicate the water restrictions were still in place:

The City of Valdosta sincerely thanks the citizens who responded quickly to its request today to cease all outdoor irrigation and non-essential use of water. Currently, there are no water quality issues in the system, and the water provided by the city is safe for all purposes.

People should be conserving all the time anyway. These suggestions from the city are pretty good for a start:

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ALEC, bills to ditch renewable energy, and the Southern Company

Got caught promoting laws that encourage people to kill people? Double down on laws to kill people through pollution! That’s what ALEC is doing. And look who’s apparently a member of ALEC: the Southern Company, parent of Georgia Power, and proprieter of several of the largest and dirtiest coal plants in the country.

Brian Merchant wrote for Treehugger Tuesday, Two ALEC Campaigns Exposed: One Kills Renewables, One Boosts Fracking,

After major corporations like Pepsi, Kraft, Proctor & Gamble, and Coke all ditched the rightwing group, ALEC announced that it would Plant Scherer abandon its drive to enact gun and voter ID laws. The group’s decision came after a couple high profile campaigns were launched decrying ALEC’s involvement in passing the ‘stand your ground’ laws.

But the group is actually stepping up its efforts in other arenas, as I noted last week. And two new reports, one from ProPublica, the other from DeSmogBlog, outline its new aims: dismantle legislation that incentivizes renewable energy generation, and preserve loopholes that allow natural gas companies to keep the chemical cocktails in their fracking fluids secret from the public.

This is the same ALEC that promotes laws like Georgia’s HB 87 that lock up more people to benefit private prison companies like CCA, which wanted to build a private prison on Lowndes County, Georgia. Traficking in human beings is not too sordid for ALEC, so poisoning people through polution doesn’t seem surprising.

Hm, let’s look at the corporate membership of ALEC, as collected by Sourcewatch’s ALEC Exposed. Why there’s The Southern Company, parent of Georgia Power! I’m frankly a little surprised Continue reading →

If someone wants to build offices there’s plenty of room downtown.

Meanwhile, just across the Florida line, Leon County Commission and the Tallahassee City Comissioners don't seem to want sprawl.

James Buechele wrote for WCTV yesterday, Neighborhood Has Zoning Concerns: County commissioners met to talk about nine amendments for a comprehensive plan to tackle developments.

Leon County commissioners and Tallahassee City Commissioners met Tuesday evening to talk about nine proposed amendments to the comprehensive plan.

One of the issues dealt with the Haute Headz salon off of Thomasville and Gadsden roads in Mid-Town.

Property owner Marshall Cassedy wants to see the area in this section of Mid-Town changed from a residential preservation zone to one that would allow offices.

Right now, it's home to the salon, but because of the residential preservation zone, if something should happen to the business a home would have to take it's place instead of another business.

That's something Cassedy wants to change because he says the busy location is not ideal for a home.

But opponents say that if someone wants to build offices there's plenty of room downtown.

"We already have about a million and a half square-feet of vacant office space in the city and the county," said Tallahassee resident Darwin Gamble. "Help building more offices won't create more jobs."

This issue was tabled at the meeting and will come up again June 26th. Until then both sides will continue to negotiate.

That's almost strategic:

"Help building more offices won't create more jobs."

-jsq