Lake Martin Topics: lake levels
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Name:
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waterph
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Subject:
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lake levels
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Date:
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2/1/2007 6:00:23 PM
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Alabama Power is a private corporation that exists for the purpose of generating profits for its shareholders. This private corporation operates Smith Lake and Smith Dam under permits from the Corp of Engineers with certain obligations specified and implied. Generation of electricity is on ly one of the several criteria (as I understand from the meeting at Lakeshore) in the permit process. Others such as environmental, safety, and pleasing of stakeholders are necessary in the permit. This is why the permit process is so important and why input is required from those with an interest in Smith Lake. Past performance is indicative of expectations in the future.
As far as I know, the initial charter for the development of Smith Lake was probably for the generation of electricity for this rual area. Alabama Power was the choice for this project. Over the years, the list of expectaions has expanded. Private industry, then and now, is not permitted to arbitrarily develop projects of this nature without authorization from govermental agencies. A need must be justified. Alabama Power would never have entered into this agreement with the Corp of Engineers unless there was a possibility for profit. Use of eminent domain was most certainly used for the procurement of land for Smith Lake.
It is a certainity that Property owners and Alabama Power are not going away. It is obvious that Smith Lake property owners and Alabama Power are important tax sources for local governemtn. Millions of dollars are spent locally for gasoline, groceries, boat dock construction, marina rentals, jet skis, boats, etc. Property owners also depend on Alabama Power for electricity - we are customers. The question is - What can be done so that the property owners and Alabama Power rights are protected and both win?
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