A well placed source has advised the City County Observer that the City of Evansville Bond Bank has not yet gone forward with the sale of the bonds that must occur to fund the $4.8 Million loan to Earthcare Energy. Sources tell us that there are still multiple contractual issues that have not been satisfied by Earthcare Energy management to allow the sale of the bonds to proceed. One of those issues is the fact that the License Agreement between Earthcare Energy and Langson Energy granting Earthcare the exclusive right to manufacture the Step Down Generators that Langson has demonstrated in a Carson City, Nevada lab has not yet been seem by any Evansville official.
Evansville City Councilwoman Stephanie Brinkerhoff-Riley has advised the CCO that she will be filing her resolution to rescind the vote to approve this loan tomorrow along with 98 items of evidence that she has asserted are sufficient to justify overturning the previous 5 – 4 decision of the Council.
Council members Missy Mosby, Jonathan Weaver, Constance Robinson, Conor O’Daniel, and Dr. H. Dan Adams all voted for the loan approval before the information regarding bankruptcies, convictions, failed business ventures, and a dozen shell companies was discovered by Councilwoman Riley. Council members Dan McGinn, Al Lindsey, John Friend and Stephanie Riley all opposed the approval based on the opinions that proper vetting had not been done at the March 26th meeting when the loan was approved.
Since then the vote which was held on the day after Earthcare executive Ken Haney threatened to take Earthcare to another location for a better deal if the approval was not given that day? Councilman Conor O’Daniel who had given every indication that he favored delaying the vote until vetting was complete changed his mind in the hallway after a meeting with the Haney and another Earthcare representative.
At that meeting Earthcare boasted that they were under pressure from the Department of Defense (DOD) to hurry up and start these installations this summer with Langson Generators made in Evansville. Presently the claims for deliveries are that the first two units will be made in Nevada for local installation with no definitive plans available for future business. In the same meeting Mr. Haney claimed to be on the verge of over a Billion dollar deal with “New York” to replace aging power generation facilities like nuclear reactors.
Are you kidding me.
What in the world is wrong with the Mayor’s financial and political judgement concerning this issue?
Mayor W. don’t worry about 4th Ward political boss Connie Robinson, she is very rich and shall live her life out in style. This situation is extremely bad because the 4th Ward people she was elected to serve still lives in poverty.
What a self serving person that Connie Robinson has turned out to be!
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