...I presented information to City Council this evening (December 18, 2013) that shows how Allentown now stands to lose more than $113,000,000 over the 35-year Delta Thermo Energy Incinerator contract. I plugged the recent $40.44/ton that Easton's Mayor Panto signed with Chrin into the financial projections that Mayor Pawlowski and PFM presented to City Council and the Public. The original projections from the Mayor and PFM used a starting landfill cost of $92.29/ton. The Pennsylvania Waste Industries Association has told the PA DEP that the public was given false and misleading information regarding tipping fees. Quoted from the PPWIA letter to the PA DEP: "Representatives from Delta Thermo Falsely Exaggerated Landfill Tipping Fees". landfill fees that the Mayor and PFM used were "Falsely Exaggerated" I have warned the Mayor and City Council that the financial projections from PFM were useless. Only Eichenwald and O'Connell voted against this incinerator. A $113,000,000 LOSS after the Mayor claimed a $25,000,000 SAVINGS seems like an issue for the citizens of Allentown. $40.44/ton Landfill cost to Easton from 2014 to 2020. Allentown will pay DTE $119.37/ton in 2020. Almost a $3,000,000 loss in 2020 alone. These numbers are real losses in my book. The Mayor and PFM used the wrong starting assumptions. They were way off. Did they lie?
Blogger's Note: The above is a comment by Rich Fegley submitted to an earlier post on this blog. I also have a copy of the letter from The Pennsylvania Waste Industries Association(PWIA) to the Pa. DEP. Allentown City Council made a decision based on very erroneous information, which should be legally revisited in light of this fact.
The Obama Cult - Obama gave a very good performance at the Correspondents Dinner, he did everything but sing and dance. Of course it was an audience that loves him,...