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CenterPoint Energy Seeks To Diversify Electric Generation Portfolio

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CenterPoint Energy Seeks To Diversify Electric Generation Portfolio

As a number of CenterPoint Energy’s electric generation units are quickly coming upon the end of their useful lives, the company is embarking on a process to transition to new generation resources that will deliver an all-of-the-above, reliable energy mix while helping to position the state of Indiana as a national energy leader. 

Following the 2019/2020 Integrated Resource Plan process, which included a series of four public meetings and engagement with dozens of large customer and business leaders to analyze their energy needs, it is clear CenterPoint Energy customers want the company to transition from a mostly coal-fired generation fleet to a mix of reliable generation that includes cleaner options. Renewable power has become more cost competitive and, when coupled with other resources such as natural gas, provides for cleaner, reliable power. Meanwhile, it’s expected some Indiana coal generation will remain part of CenterPoint Energy’s portfolio. 

On Feb. 23, the company announced it is seeking approval from the Indiana Utility Regulatory Commission to enter into an agreement on the acquisition of a 300-megawatt (MW) solar array and to enter into a power purchase agreement for an additional 100 MWs of solar energy.

“The construction of this solar array and the additional energy obtained through the power purchase agreement will further CenterPoint Energy’s Smart Energy Future® strategy. Ensuring continued reliability, addressing sustainability needs for the region, and tailored to utility ownership values, these projects will contribute significantly to CenterPoint Energy’s commitment to deliver clean and reasonably priced energy to its customers,” said Steve Greenley, Senior Vice President, Generation Development. 

This transition is underway and will lead to more economic development opportunities in the state and provide quality of life enhancements along the way to the many communities served. Less carbon-based fuel will continue to enhance local air quality while enabling additional job growth. 

“We understand the complexity of the regional transmission market and our obligation to serve all customers while managing costs,” said Greenley. “Our plan saves customers $320 million over business as usual while enhancing reliability and sustainability paths for customers.”

CenterPoint Energy is also working with legislators to increase customer savings by piloting financing tools like securitization to generate additional, immediate savings, and a policy path to solve uneconomic, retiring generation asset problems. 

The majority of CenterPoint Energy’s renewable mix will be located in Indiana providing additional tax base and construction jobs. This transition allows Indiana to lead on generation mix and control its own carbon destiny from increasing national policy pressure. 

CenterPoint Energy’s commitment to Indiana remains strong. In 2020, the Foundation contributed nearly $6 million dollars in the state of Indiana. We are also looking at workforce development solutions to assist legacy generation workers prepare for opportunities supporting Indiana’s future. 

Implementing a cleaner energy future will allow CenterPoint Energy and its customers to achieve carbon reduction goals, better serve our communities and neighbors in need, and provide the business and economic development tools needed to take Indiana to the next level. 

CenterPoint Energy acquired Vectren Corporation in 2019 and serves 145,000 electric customers in the Evansville area, and about 800,000 natural gas customers in the southern two-thirds of the state. CenterPoint Energy is based in Houston and serves utility customers in eight states.

Deaconess Sports Park Eyes Synthetic Infields

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Deaconess Sports Park Eyes Synthetic Infields

Approximately ten years ago, local, civic, and political leaders sought to develop a baseball/softball sports complex that would become a tourism economic attractor for Evansville and all of Vanderburgh County. That vision led to Deaconess Sports Park development, which opened back on May 30, 2015. This eight-field complex features state-of- the-art amenities for girls’, women’s, and men’s fast and slow-pitch softball as well as boys’ 12 & under baseball tournaments. The initial cost to build Deaconess Sports Park was $15.2 million and was approved by the Vanderburgh County Council. 

The project was funded by a bond issue, where debt is being retired and paid from the Tourism Capital Improvement Fund (TCI fund receipts). The TCI fund is funded by 3.5% of the hotel innkeepers’ tax. The total Vanderburgh County’s Innkeepers tax is 8%, with 2% of such going to the Convention Center and 2.5% to Visit Evansville for operations including sales and marketing. This revenue is collected primarily by out-of-town visitors attending meetings or conventions and by sports teams that stay in Vanderburgh County hotels while competing at Deaconess Sports Park. 

The TCI fund still has a substantial reserve well above what it is paid for these Park bonds, allowing other projects’ funding. Some of the other projects funded by the TCI fund include: Mesker Park Zoo, Deaconess Aquatic Center, the Reitz Home, the LST 325, and many more.  Since its opening in 2015, the Deaconess Sports Park has generated over 95,000 hotel rooms with an overall estimated economic impact of over $85.6 million which has been felt throughout Vanderburgh County. Many restaurants, hotels, and a variety of retail businesses have been positively impacted by the out-of-town guests that have brought their players and teams to the Deaconess Sports Park. 

Visit Evansville, which oversees Deaconess Sports Park’s management, has proposed refinancing Deaconess Sports Park’s bonds. Due to current favorable bond rates, refinancing the bonds will save the County and the TCI fund money by reducing the bi-annual payments made on the bonds, and it would also free up roughly $1.9 million to reinvest back into Deaconess Sports Park. We anticipate reinvesting the $1.9 million into replacing all eight infields with synthetic infields, including the batting cages and possibly the warmup pitching mounds. 

There are several reasons why this reinvestment is vital for the future of Deaconess Sports Park. First, this investment will allow the facility to extend its season so we can host more weekend tournaments. The added benefit means additional revenue brought into our local economy by all the traveling teams and families. Second, by having synthetic infields in place, we can restart games just 30 minutes following a rainstorm, all but eliminating tournaments that would have been canceled due to the rain. Third, we will be able to attract new tournaments such as the 13-year-old boys’ baseball, and more 12 and under baseball tournaments to go along with our strong schedule of girls’ softball tournaments each season. Lastly, we want our facilities to remain competitive and by keeping Deaconess Sports Park updated, it helps to ensure its success in the years ahead.

There is ever-increasing competition on the horizon as more cities are investing into their sports facilities. Owensboro, KY reinvested $2.9 million at Jack C. Fisher Park to give their softball facility a much-needed facelift. The Grand Park Sports Campus located in Westfield, Indiana continues to expand and renovate their very impressive sports complex. Elizabethtown, KY Sports Complex is another competitor that continues to reinvest into their facility. Henderson, KY just released its plans to develop six baseball/softball fields and at least one multi-purpose field as part of the city’s proposed new sports complex on recently purchased property by the City of Henderson on Airline Road.

Two additional new developments in youth sports worth mentioning include the recent opening of the 24-acre Norton Healthcare Sports and Learning Complex, an indoor track facility in Louisville, KY, and the recent opening of the 103,000 sq. ft. Bluegrass Sportsplex, an indoor multi-use youth sports facility in Elizabethtown, KY.  The message is simple, youth sports continue to be big business for cities and businesses, especially right here in Evansville, Indiana.  

HOOSIERS AGE 50 AND OLDER NOW ELIGIBLE FOR COVID-19 VACCINE

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COVID SHOT
COVID SHOT

HOOSIERS AGE 50 AND OLDER NOW ELIGIBLE FOR COVID-19 VACCINE

A Link Of The Final Version Of The Road Hearing Presentation Made To County Commissioners

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From: Stoll, John
Sent: Tuesday, March 2, 2021 2:20 PM
To: Ben Shoulders; Hatfield, Jeff; Cheryl Musgrave (Contact)
Cc: Davis, Bailey; Wichser, Scot
Subject: Road Hearing

The final version of the road hearing presentation is attached.

John Stoll, P.E.

Vanderburgh County Engineer

ATTACHED BELOW IS THE LINK OF THE ROAD HEARING PRESENTATION TO VANDERBURGH COUNTY COMMISSIONERS

2021 Vanderburgh County Road Hearing

Vanderburgh County GOP Reorganization Caucus To Be Held This Saturday

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Vanderburgh County Reorganization Caucus

Faithway Baptist Church – 3625 Pollack Ave  (Formerly Nativity Church) Saturday, March 6, 2021 Doors Open at 9:30 Caucus will begin promptly at 10:00

Every four years the GOP Party Rules require a Caucus be called to elect the Central Committee officers for the next four years. All Precinct and Vice-Precinct Committeemen have been notified to attend the Caucus to elect a Chairman, Vice-Chairman, Secretary and Treasurer.

The current Chairman, Wayne Parke, will not be running for another term. Two candidates have stepped up to fill this position. They are Steve Ary and Mike Duckworth.

Following the election of the Chairman, Candidates for Vice Chairman, Secretary and Treasurer will be nominated from the floor. Since the Chairman is male, Party Rules require the Vice Chair must be female.

SINCERELY,

Wayne Parke, Chairman

Vanderburgh County Republican Party

 

YESTERYEAR: George W. Haynie

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George W. Haynie

by Pat Sides

Haynie’s Corner, one of Evansville’s most historic districts, has recently been rejuvenated. The neighborhood derives its name from George W. Haynie, seated at right in the photo next to Mayor William Dress in 1937. The occasion was “Haynie Day,” celebrated inside the pharmacy he had opened in 1887 at the junction of Second Street, Parrett and Adams, across from the Alhambra Theater.

Newman 37-5-B1.jpg

Haynie retired in 1928 and sold the business to H. A. Woods, who owned a large chain of local pharmacies. Dubbed the “Mayor of Goosetown,” as the area was then known, Haynie was active in the community, holding various public offices over the years and even receiving an appointment from President Grover Cleveland in 1893.  He passed away in 1939 at the age of 82.

 

 

ADOPT A PET

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Atticus is a male black cat! He is approximately 5 years old. Originally, he was found as a stray by a VHS staff member. Then he got adopted, but returned when the family’s pets didn’t like him. His adoption fee is $70 and includes his neuter, microchip, vaccines, and more! Get details at www.vhslifesaver.org/adopt!

Eagles sending three individuals, women’s DMR squad to nationals, Nolan & Comastri awarded with USTFCCCA All-Midwest Region honors

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 University of Southern Indiana Track & Field is sending three individuals and their women’s distance medley relay team to the NCAA II Indoor Championships. There were also two other Screaming Eagles named All-Midwest Region announced by the United States Track & Field and Cross Country Coaches Association Tuesday evening.

Senior Austin Nolan is an NCAA II qualifier in the 5000 meters with a season best time back at the Samford Open of 13 minutes, 58.75 seconds dipping below both the 14-minute barrier and the NCAA II automatic qualifying threshold. Nolan’s 5000m time is currently 10th fastest in Division II and was good enough to grant him All-Midwest Region status.

Senior Jennifer Comastri qualified for the 5000m in the NCAA II Indoor Championships. Comastri recorded her best qualifying time at the Washburn Ichabod Invite with a speedy, sub-17 minute, 16:59.54. Comastri’s 5000m time is currently ranked 13th fastest in all Division II and rewarded her with All-Midwest Region accolades.

Sophomore Mckenna Cavanaugh is an NCAA II qualifier in the 3000m with her performance at the Washburn Ichabod Invite where she clocked in at 9:37.78. Cavanaugh’s 3000m time currently sits at 12th in the nation.

Freshman Allison Morphew, sophomore Kaylee Lane, sophomore Emma Brown and sophomore Cavanaugh make up the distance medley relay team that secured a spot in the NCAA II Indoor Championships with a time of 11:48.10 at the UIndy Last Chance Meet last weekend. USI’s DMR time is currently ranked 15th in the Division II.

Up Next: USI’s qualifiers for the NCAA II Indoor National Championships will make the trip down south to Birmingham, Alabama held March 11-13. Live results will be provided by NCAA.com via https://results.leonetiming.com/?mid=2144