By selling its Waste To Energy plant SPSA picks up $150,000,000, enough to pay off HALF its debt, puts off spending $50,000,000 to expand, and gets a huge reduction of incoming trash. Seems like a perfect deal. If the mountain of trash currently “under construction” was, expected to last 13 more years, then less incoming volume extends that estimate. If SPSA won’t be handling the trash, SPSA expires before that, do we shut down the facility, write a new contract with SPSA, or some other firm? Less incoming trash may help with the neighborhood odor conundrum but less trash means less income now. At $170 per ton the loss adds up fast.
Our best guess indicates Suffolk will continue to “manufacture” some trash and it has to go somewhere…will we join the other cities at a price per ton. And if they eventually lock the gate where will all the seagulls go?
3 comments:
Good news for Suffolk, bad for Portsmouth. Someone is going to have to relocate thousands of sea gulls to our neighboring city to the East. The offensive odors around Wilroy Road will only be a bad memory. If you believe that, I've got a bridge in Chuckatuck I'd like to show you.
I am all for recycling that is fact. Lets recycle all liberals into something that is useful.
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