Tuesday, October 03, 2006

More Stuff of Interest

Here is another part of the "ORDER" that I found interesting.

All proposals and plans for all project enhancements funded by the escrow account must be submitted to Commission staff for review and approval, such approval not to be unreasonably withheld, and each approved project enhancement must be timely completed to the satisfaction of Commission staff, irrespective of whether the final costs exceed $5 million. In the event AmerenUE does not complete the project enhancements by the earlier of (i) December 31, 2007 or (ii) completion of the reconstruction of the Taum Sauk upper reservoir, AmerenUE will pay the amounts remaining in the escrow account as an additional civil penalty to the United States Treasury.

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