EPD DAILY ACTIVITY REPORT
FOOTNOTE: Â EPD DAILY ACTIVITY REPORT information was provided by the EPD and posted by the City-County-County Observer without opinion, bias, or editing.
DRAFT OF CAROUSEL RESTAURANT “HOME OF THE BLUE SPECIAL”
The Carousel Restaurant story began in the summer of 1991 when a young Dilip Patel purchased the Monroe Avenue location of Merry-Go-Round Restaurant. With that purchase, the name was changed to The Carousel Restaurant. Long-time manager Kenny Ward is the new owner and appreciates the opportunity his friend and mentor provided. The restaurant’s 29-year history is best understood by the faithful loyalty of satisfied diners hungry for good food … served fresh with time-friendly and gracious hospitality for a fair price.
“It has been the joy of my life to host and serve our customers. We sincerely appreciate your patronage and loyalty and look forward to many years to come.â€
WELCOME TO THE CAROUSEL
CenterPoint Energy Announces Plans To Continue Enhancement Of Reliability, Resiliency And Safety Of Its Electric Infrastructure
Evansville – May 24, 2023 – CenterPoint Energy Inc.’s (“CenterPoint Energyâ€) Indiana-based electric business today announced plans to further enhance the reliability, resiliency and safety of its infrastructure, filing a five-year plan with the Indiana Utility Regulatory Commission (IURC) to continue execution of the company’s electric infrastructure improvement strategy.
The proposed nearly $455 million plan, which will fund more than 300 projects, is the next phase of the modernization work originally approved by the IURC in 2017. Over the next five years, CenterPoint Energy plans to continue making strategic long-term infrastructure investments to maintain and enhance reliability and resiliency, manage life-cycle assets from aging equipment, and modernize the grid for customer benefit, while striving to safely deliver service.
“We are continuing our modernization and infrastructure investments to enhance the reliability and resiliency of our electric grid and allow for greater flexibility to meet the current and future energy needs of our customers,†said Richard Leger, Senior Vice President, Indiana Electric. “Additionally, these investments will replace aging equipment, which is expected to reduce equipment malfunction, restoration costs and the number of outages our customers experience during both blue-sky days and extreme weather events.â€
During the first phase of the modernization program, CenterPoint Energy replaced and installed more than 220 miles of overhead conductors, 125 miles of underground conductors and 135 substation circuit breakers. Also, more than 2,600 transmission and 8,600 distribution structures were replaced or installed, and nearly 130 miles of transmission line were upgraded or installed.
The Second Phase Of Proposed Enhancements Will Include:
- Overhead 12kV circuit rebuilds to replace aged conductors, poles, hardware and equipment to satisfy more robust construction standards and incorporate looping to improve reliability and allow foralternate feeds for re-energizing customers during extended outages.
- Distribution automation to minimize the outage impact and duration and allow for evolving distribution technology to accommodate both electric vehicles and distributed energy resources.
- Underground rebuilds to replace aging underground bare cable with a jacketed
cable that meets current construction standards and incorporate looping technologies to improve grid resilience to provide alternate feeds for reenergizing customers during extended outages.
- Wood pole replacement and treatment program to utilize inspection data of approximately 11,000 poles annually with the flexibility to address urgent and emergent situations as those are identified.
- Substation rebuilds to replace aging infrastructure and reduce the risk of failure, including catastrophic failure through the replacement of transformers, breakers, relays, and communications equipment.
- Transmission line rebuilds to incorporate the conversion from wood poles to steel poles and reconductoring to increase the line capacity to allow for additional load without creating a new transmission line footprint. Additional Optical Ground Wire (OPGW) installation to allow modernization of communication systems to enable future automation.
- Physical security program to increase security to protect the company’s most critical assets from increased physical threat of electric grid and substation attacks.
In this proposed plan, CenterPoint Energy is requesting recovery of the capital expenditures of investments made in 2024 through 2028. State law allows energy companies to prepare and submit infrastructure modernization plans with gradual cost recovery for which the IURC has ultimate approval rights and oversight authority. If the grid modernization plan is approved as is, the typical residential customer using 1000 kWh per month is expected to see an annual increase of approximately $3 per month on bills under the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). No increase is expected until November 2024.
“As we look toward our customers’ future energy needs, we understand affordability is important. We are continuously modeling and balancing bill impacts, while executing on these necessary reliability and resiliency infrastructure improvements,†said Leger. “These projects will allow us to utilize ever evolving technologies, which is expected to result in enhanced reliability, fewer outages and improve restoration response for years to come.â€
Today’s filing does not impact natural gas bills, nor is it related to CenterPoint Energy’s recently announced Integrated Resource Plan preferred portfolio.
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Forward Looking Statement
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “objective,” “plan,” “potential,” “predict,” “projection,” “should,” “target,” “will” or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as approval of CenterPoint Energy’s proposed plan, CenterPoint Energy’s ability to executed on the proposed plan, including the proposed scope of projects and anticipated benefits,  the extent to which and timing of CenterPoint Energy’s ability to recover costs to implement the proposed plan, the amount and expected impact to customer’s bills, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of pandemics, including the COVID-19 pandemic; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; (8) continued disruptions to the global supply chain and increases in commodity prices; (9) legislative decisions, including tax and developments related to the environment such as global climate change, air emissions, carbon and waste water discharges; (10) CenterPoint Energy’s ability to execute on its initiatives, targets and goals and operations and maintenance goals and (11) other factors, risks and uncertainties discussed in CenterPoint Energy’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, CenterPoint Energy’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.
UE Secures $30 Million Grant to Create Evansville Promise Neighborhood
UE Secures $30 Million Grant to Create Evansville Promise Neighborhood
Posted: March 30, 2023
The University of Evansville (UE) has announced the receipt of a $30 million federal grant program through the United States Department of Education (DOE) that will establish the Evansville’s Promise Neighborhood (EPN). UE is part of a new cohort funded in 2023. Only three Neighborhoods in the nation were awarded in 2023.
The aim of the funding is to assist children and youth who are growing up in Promise Neighborhoods, providing them with access to outstanding schools as well as robust family and community support systems. These resources will help prepare them to achieve academic excellence, make the transition to college, and, ultimately, embark on a successful career.
The University of Evansville, as lead applicant, submitted the 2022 grant application to the DOE for an Evansville Promise Neighborhood on October 7, 2022, with a total request of $30 million over five years. Twenty-three Evansville Promise Neighborhood partner agencies accounted for a match totaling $32,497,295.55, for a total of more than $62 million to be invested in the community. This figure comes from the cost invested in providing wraparound care services to the schools and neighborhoods designated as the Evansville Promise Neighborhood. The Promise Neighborhood includes six schools: Evans Elementary School, Delaware Elementary School, Lincoln School, Bosse High School, Lodge Community School, and Glenwood Leadership Academy. The major partners for the EPN are UE, EVSC, E-REP, and the Evansville Promise Zone.
“The significance of this investment by our University for numerous families who require assistance is critical and extraordinarily impactful for the well-being of our entire Evansville community,” said UE President Christopher M. Pietruszkiewicz. “UE has been the leader of this initiative from day one, and we eagerly anticipate the positive outcomes it will bring. This is what being a Changemaker campus is all about and it emphasizes the strong partnership we have with our community.”
“This Evansville’s Promise Neighborhood investment is unmatched and will be critical to ensuring our community has the resources they need,” said Evansville Mayor Lloyd Winnecke ’82. “This is a major success for our city and will be beneficial in the months and years ahead.”
“We are excited and grateful for the opportunity to leverage this funding for the betterment of our students and the families we serve,” said Evansville Vanderburgh School Corporation Superintendent Dr. David Smith. “It is, once again, another shining example of the collaborative efforts of our Evansville community.”
“This grant we received is a result of this community coming together and collaborating for the common good of Evansville,” said Evansville Promise Zone Director Silas Matchem. “This really solidifies all the work we have been doing since the culmination of the Promise Zone designation. I can’t emphasize enough how big of an impact this will truly have for not only the neighborhoods it serves but for our Promise Zone and the City of Evansville as a whole.”
“Over the past 2-3 years the Evansville Region has committed to enhancing quality of place for both current and future residents through strategic public/private investments. We know that the people care about high quality education, access to healthcare, improved infrastructure, and access to community resources, all of which are key components of what this approach will enable our communities to prioritize,” said Tara Barney, CEO of the Evansville Regional Economic Partnership. “This award is further testament to the high level of collaboration and strategic visioning that regional leaders have had, and as the regional economic development organization, we are thrilled to see the lasting impact and opportunity that is fostered through and from this opportunity.”
The Background
In June of 2016, the City of Evansville received a federal 10-year Promise Zone designation to support its most at-risk, yet most promising neighborhoods within its urban core. Schools and census tracts were selected after a careful review of school and neighborhood data based on areas of most concentrated need within the Promise Zone. This effort was led by Diehl Consulting, widely respected local program evaluation experts, in close partnership with EVSC to analyze the data. Leadership Everyone and UE’s Center for Innovation & Change conducted neighborhood vision and design thinking sessions with EVSC students and families to help guide the interventions selected. Dr. Timothy A. (Tad) Dickel of the T.A. Dickel Group, LLC helped facilitate the process of budget development with partners, and Amy Bolek (UE alumna) of Bolek Grant Writing and Consulting Services led the grant process. UE, as lead applicant, would house the staff leading the Promise Neighborhood, through its Center for Innovation & Change.
Evansville has applied for Promise Neighborhoods four times, including in 2021, the first year in which UE was a partner and is now the lead partner. Evansville’s selection as a Promise Zone was seen as a necessary precursor to eventually receiving the Promise Neighborhoods grant.
 ECHO Housing Holds Promise Home GroundbreakingÂ
 ECHO Housing Holds Promise Home GroundbreakingÂ
MAY 25, 2023
EVANSVILLE, Ind. – ECHO Housing Corporation held a groundbreaking ceremony today for the Promise Home. Located at 313 Read Street, the Promise Home will consist of 27, 1-bedroom units of permanent supportive housing. The property will feature on-site case management to support the needs of tenants who have previously experienced homelessness.Â
ECHO Housing is the leading provider of permanent supportive housing in Southwest Indiana. The Promise Home will be the seventh homeless service program of the organization and will prioritize housing for individuals experiencing chronic homelessness.Â
CEO, Savannah Wood, of ECHO Housing is confident the project will significantly reduce chronic homelessness in Evansville. “We have seen an increase in homelessness within our community, as evidenced by the preliminary numbers from this year’s Point in Time Count. There was a 72% increase in the unsheltered homeless population this year when compared to years past. This project moves us one step closer in our mission to house and serve some of the most vulnerable individuals in our community.â€Â
The Point in Time Count is an annual survey of homeless individuals on a single night conducted by multiple local agencies on behalf of the Department of Housing and Urban Development.Â
Anticipated completion is Spring/Summer of 2024.Â
The project is made possible with financial support from the Indiana Housing and Community Development Authority, the City of Evansville, Department of Metropolitan Development, Centerpoint Energy, United Way of Southwestern Indiana and the Greater Evansville Relief Fund.Â
ECHO Housing Corporation (EHC) is a 501c3, Community Development Corporation (CDC) in Evansville, Indiana. The organization is a designated Community Housing Development Organization (CHDO), Community Based Development Organization (CBDO) and the leadÂ
agency of the Evansville Promise Zone. The mission of ECHO Housing is to create and sustain affordable housing, provide supportive services, and promote community and economic development. Through the development of affordable and supportive housing, EHC can meet a critical need within the community for low-income and homeless men, women, children and Veterans.Â
More information about ECHO Housing Corporation can be found here: https://www.echohousing.orgÂ