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Independence holds public hearing on Chapter 100 plan to site natural-gas power plant at Blue Valley site
Summary
The City Council held a full public hearing Nov. 17 on a Chapter 100 industrial-development plan that would allow private partners to build a natural-gas generation facility on the retired Blue Valley site; staff said private investors would finance construction and the city would retain the land and the option to buy power later.
The Independence City Council held a full public hearing Nov. 17 on a Chapter 100 industrial-development plan that would let private partners lease about 91 acres of the retired Blue Valley Power Station to construct natural-gas generation units.
City staff and bond counsel told the council the preliminary plan envisions two phases — about 200 megawatts in phase one and approximately 600 megawatts in phase two — and cited a total project investment of roughly $2 billion, with about $12 million in personal property. David Martin of Gilmore Bell, the city’s bond counsel, said the plan includes a 20-year abatement of real-property taxes after completion (about 22–23 years including construction), rolling 20-year abatements for personal property and a sales-tax exemption on construction materials.
Assistant City Manager Charlie Dissell said the city’s municipal electric utility has limited available capacity today (he noted roughly 300 megawatts…
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