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Summit Carbon Solutions outlines new management, easement options and community benefits at Wright County meeting
Summary
Summit Carbon Solutions’ Iowa project manager and new operations leadership described changes to landowner payments, emergency responder funding and a permit amendment that increases pipeline capacity toward Nebraska; many local landowners objected, citing property rights and eminent domain concerns.
Kylie Lang, Iowa project manager for Summit Carbon Solutions, and Mike Higgins, executive vice president of pipeline and operations, presented a project update to the Wright County Board of Supervisors on Sept. 22, outlining new management, a landowner benefits package and a recent permit amendment.
Lang said the company has a new chief executive and a reconstituted management team and described a revised landowner and community benefits partnership program she said Summit will roll out locally. She said affected landowners will be offered three easement-payment options: a single upfront payment, an annual payment spread over multiple years, or an option to convert the easement payment into a share of the project’s equity distributions. Lang said the company will also pay an annual per-foot payment to landowners while the pipeline operates, “starting at 25¢ per foot of pipeline on their property” and increasing with higher levels of voluntary acquisition up to 50¢ per foot.
Lang also described a county-level annual payment that she said will scale based on the county’s acquisition level and is separate…
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