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Stanly not jumping at latest Alcoa plan | Salisbury, NC - Salisbury Post - 0 views

www.salisburypost.com/...negotiations-Stanly-County-qcd

NOV2011 Alcoa CommissionersMeeting Commissioners Yadkin SalisburyPost water

shared by Yadkin River on 07 Dec 11 - No Cached
  • but we can understand wanting some guarantees behind it,” Anton said. “We’ve proposed that there would be payments made to the county if we didn’t deliver on either the investment or the jobs for the
  • But in a press release issued Thursday, Stanly County said Alcoa’s financial assurances “are not worth the paper they are written on without sufficient enforcement measures.”
  • The county says it is “seeking fair and reasonable compensation for the long-term use of the river.”
  • ...3 more annotations...
  • The county says Alcoa refused to include language that would enforce the agreement if the company doesn’t live up to its end of the bargain. “As Alcoa’s latest offer stands, there is no efficient or cost effective way for the county to hold Alcoa accountable for its promises of jobs and investment,” the press release states. “This is not ‘compelling;’ it is unreasonable.
  • “We recognize the difficult times in the local economy, and the fact that for the last several years, Alcoa has not been the contributor it had been in the past,” Anton said.
    • Yadkin River
      Yadkin River on 07 Dec 11
       
      Exactly Mr. Anton ! If the Stanly County Commissioners had not put Alcoa's Feet to the FIRE, we wouldn't even be having this discussion!
  • Anton said the county would have control over the money, and Alcoa’s only condition is that it be directed toward infrastructure and education
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