Vote Would Approve Energy Center Purchase

6 years 1 day 17 hours ago March 28, 2011 Mar 28, 2011 Monday, March 28 2011 Monday, March 28, 2011 1:46:00 PM CDT in News
By: Brian Johnson
loading

COLUMBIA - City officials urged voters Monday to approve Proposition 2 next Tuesday authorizing the purchase of the Columbia Energy Center from Ameren Missouri. The proposition's passage would give the city the right to buy complete ownership of a natural gas power plant on the northeast side of the city.

Ameren Energy Marketing currently owns 75 percent of the center, while the city owns 25 percent. Columbia Water and Light estimates it will save about $1 million per year in lease payments by owning the plant outright.

"By having it here locally, we have a lot more flexability," said Mary Wilkerson, the citizen co-chair of the Propostition 2 committee. "It creates an ability for us to actually sell and buy power at a more reasonable rate."

The Columbia Energy Center only operates during peak times, like in August when many people run air conditioning. The rest of the year it benefits the city through its purchasing power. Since the city is more self-sufficient, it can purchase energy at lower prices, said Connie Kacprowicz, a public information specialist for the city of Columbia.

"The bond payment, or if you are looking at it from a personal perspective, the mortgage payment will be cheaper than the rent payment," said Kacprowicz. "Our leasing option would cost us more than just buying the facility and in the end we own the facility." The city said purchasing the plant will not create a tax increase or electricity rate increase.

Purchasing the Columbia Energy Center will cost $49.5 million. But officials said there will be no electricity rate increases. There will also be no tax increases. The money to pay back the bond amount will come from future utility payments and the savings on leasing the plant.

Five percent of Columbia's energy supply comes from renewable energy sources such as wind and solar energy. The city said it needs resources like the Columbia Energy Center because renewable energy is intermittent and does not consistently provide the city energy.

"If you use electricity and you rely on electricity, then this is a great way to help ensure that it will be there when you need it," said Wilkerson.

But not everyone thinks purchasing the plant is a good idea.

"I would be against owning the power plant becasue it is run off of fuels that are very damaging to the earth here and now," said Elliott Usher, a Columbia citizen. "$50 million is a lot of money. I am sure that $50 million could go a long way towards making Columbia a green energy hub," said Usher. "If we can increase our green energy we can increase Columbia's attraction to businesses and other people."

And, as KOMU previously reported, buying the plant from a private company would mean Columbia Public Schools would lose tax revenue Ameren is paying now.

Below is the exact wording for Proposition two as it is seen on the ballot.

"CITY OF COLUMBIA PROPOSITION 2

Shall the City of Columbia, Missouri issue its Water and Electric System Revenue Bonds in the amount of Forty-nine Million Five Hundred Thousand Dollars ($49,500,000) for the purpose of extending, expanding, improving, repairing, replacing and equipping the City-owned waterworks and electric systems including purchasing the outstanding shares of the Columbia Energy Center?

( ) YES
( ) NO

The authorization of the bonds will authorize the City to fix, establish, maintain and collect rates and charges for the use and service provided by the City through its Waterworks and Electric Systems, including all extensions and improvements thereto hereafter constructed or acquired by the City, in addition to the other rates and charges for such services provided by law, as will produce income and revenues sufficient to provide funds to pay the costs of operation and maintenance of the Waterworks and Electric Systems and the principal of and interest on the bonds as they become due and to retire the same within thirty-five years from the date thereof, and to provide for the establishment of reasonable reserves therefor.

Instructions to voters:
If you are in favor of the proposition, darken the oval opposite "YES". If you are opposed to the proposition, darken the oval opposite "NO"."

 

More News

Grid
List
COLUMBIA - Former MU Interim Chancellor Hank Foley has accepted the position of president at the New York Institute of... More >>
1 hour ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 4:56:00 PM CDT in Top Stories
CALIFORNIA - Three people were arrested on drug charges Tuesday at the Moniteau County Jail. According to a release... More >>
1 hour ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 4:26:00 PM CDT in News
LAKE OZARK - Police arrested a man Wednesday morning following a vehicle chase in which the suspect allegedly hit a... More >>
1 hour ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 4:03:00 PM CDT in News
JEFFERSON CITY - Jefferson City's transit system, JEFFTRAN, wrapped up a series of six public meetings on Wednesday. JEFFTRAN... More >>
3 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 2:08:00 PM CDT in News
INDEPENDENCE (AP) — A suburban Kansas City police office is hospitalized after being injured in a confrontation after short car... More >>
4 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 1:56:10 PM CDT in News
JEFFERSON CITY (AP) — Lawmakers are advancing a proposal to ban Missouri cities and counties from using red-light cameras. ... More >>
4 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 1:48:48 PM CDT in News
ST. LOUIS (AP) — Chuck Berry fans will have their chance to pay their respects to the late rock 'n'... More >>
4 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 1:45:11 PM CDT in News
MONITEAU COUNTY - Police caught a Kansas City man who is accused of multiple burglaries across Missouri, Pennsylvania and Arkansas... More >>
4 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 1:33:00 PM CDT in News
COLUMBIA - Only one state spends less per capita on its public defender system than Missouri: Mississippi. That could... More >>
6 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 11:27:00 AM CDT in News
JEFFERSON CITY (AP) — The Missouri House has passed a proposal to spend roughly $242 million more than planned this... More >>
6 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 11:23:07 AM CDT in News
JEFFERSON CITY (AP) — Department of Social Services Acting Director Jennifer Tidball said Missouri still is giving money to Planned... More >>
8 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 9:49:00 AM CDT in News
FERGUSON (AP) — Police in Ferguson, Missouri, are investigating after a private security guard shot an armed man at the... More >>
8 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 9:47:37 AM CDT in News
SPRINGFIELD (AP) — A man has been sentenced to life in prison in connection with the 2014 southwestern Missouri shooting... More >>
8 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 9:42:50 AM CDT in News
ST. LOUIS (AP) — Four St. Louis officers are suspended without pay amid internal and criminal investigations over whether they... More >>
8 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 9:36:25 AM CDT in News
COLUMBIA- Columbia Solid Waste Utilities will open its Hazardous Household Waste Facility Saturday. Columbia residents can drop off their... More >>
10 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 7:18:00 AM CDT in News
COLUMBIA - The Family Access Center for Excellence, or FACE , is working to help more families in Boone County... More >>
20 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 9:55:00 PM CDT in News
COLUMBIA - The U.S. House voted to repeal a set of Obama-era consumer protection rules Tuesday. The move lets Internet... More >>
20 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 9:18:00 PM CDT in News
JEFFERSON CITY (AP) — Members of Missouri's House Budget Committee want to make records of elected officials' flights on the... More >>
21 hours ago March 28, 2017 Mar 28, 2017 Tuesday, March 28 2017 Tuesday, March 28, 2017 8:52:00 PM CDT in News
Columbia, MO
Broken Clouds 60°
6pm 65°
7pm 63°
8pm 61°
9pm 60°

Select a station to view its upcoming schedule:

Coming Up Next

5:30p
NBC Nightly News with Lester Holt
6:00p
KOMU 8 News @ 6
6:30p
Wheel of Fortune
5:30p
American Dad!
6:00p
Family Guy
6:30p
Family Guy

Tonight's Schedule

7:00p
Blindspot
8:00p
Law & Order: Special Victims Unit
9:00p
Chicago P.D.
7:00p
Arrow
8:00p
The 100
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld