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Greensboro CPA CPE

"What Could Happen After What May Happen Next"

September 21, 2010

8:30am to 4:15pm

Drury Inn & Suites,

Greensboro, NC

$100, 8 Hour CPA CPE

"What Could Happen After What May Happen Next"

September 9, 2010

8:15am to 4:30pm

Days Inn, Raleigh-Airport

Research Triangle Park 1000 Airport Drive Morrisville, NC

$100, 8 Hour CPA CPE

"What Could Happen
After What May Happen Next"

September 2, 2010

8:15am to 4:30pm

Drury Inn & Suites,

415 W. T Harris Boulevard
Charlotte, NC

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?

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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6 comments to 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?

  • Fec

    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.

  • Fec

    Here’s a Rhino Times article:

    An unsigned memo that is attached to a memo from Turner states, “Most of the rules proposed in Jordan Lake are standards the city already meets or could adjust to meet. However, there are two proposed rules that would be extremely costly for the city. In addition, it is unclear if one of the rules would have any impact on Jordan Lake’s quality. Therefore, city staff [sic] primary opposition to the rules are:” and the memo lists the retrofit rule and the wasterwater treatment plants being required to meet new standards by 2014 instead of 2016.

  • Fec

    Here’s the final version. Who knows, it could be more than $70M.

  • george

    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?

  • george

    City Council can’t say they didn’t know.

  • george

    Don’t steal from my kids.

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