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News Watch Home

Ipswich loses turbine down payment 

Credit:  GateHouse News Service, www.wickedlocal.com 15 September 2010 ~~

Ipswich – The town lost its $26,000 down payment on the wind turbine that is supposed to power the high school/middle school when the original contractor went bankrupt.

The money will come from a Town Meeting approved bond for the turbine project.

The turbine contract has gone out to bid again and the bids are due back by Sept. 22.

“We hope to make up the money by finding savings somewhere else,” said Tim Henry, director of utilities. “Normally you have to put down 10 percent, but we negotiated a 1 percent down payment.”

Source:  GateHouse News Service, www.wickedlocal.com 15 September 2010

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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