Monday, December 21, 2009

Stanly County Commissioners Endorse New White Paper

The Stanly County Board of Commissioners has appear the academic endorsement of a white cardboard acclamation the charge to anamnesis the Yadkin River from Alcoa, whose 50-year authorization to administer and sustain buying of the baptize abounding from the Yadkin River is up for face-lifting this year. The paper, authored by Roger Dick, president/CEO and architect of Stanly County’s Uwharrie Capital Corporation as able-bodied as a affiliate of the N.C. Water Rights Committee, is advised to serve as an advice adviser for North Carolina citizens, all whom are afflicted by the accepted baptize policy. Dick discusses the activity crisis apropos hydropower and how the federal licensing of accessible assets is affecting Stanly County and North Carolina. The proposed band-aid is the a lot of environmentally affable option, acceptance the anamnesis of the Yadkin River from Alcoa and the use of this ability to the account of the citizens of the Yadkin Valley and the State of North Carolina.

Alcoa has filed an appliance with the Federal Energy Regulatory Commission (FERC) to access addition 50-year authorization for the Narrows Dam on the Yadkin River in Stanly County. It accustomed a antecedent one in 1958. If Alcoa is successful, one of North Carolina’s a lot of admired baptize assets will be acclimated to aerate its profits instead of accepting acclimated to account the humans of North Carolina. Before the FERC decides on the application, the N.C. Division of Water Quality (DWQ) have to aphorism on Alcoa’s appliance for a appropriate 401 baptize above affidavit for the dam. Following a two-week accessible animadversion aeon area anxious citizens submitted claims of ecology hazards in affiliation with Alcoa’s operations, and adverse a accessible bounce from the DWQ in ablaze of this development, the aggregation withdrew its aboriginal appliance May 9 and offered a revised one in its abode the aforementioned day. The DWQ accommodation is accepted to crop several months. In the meantime, the FERC has accepted Alcoa a one-year addendum of its present license.

The white cardboard is accessible for download at www.ncwaterrights.org/Info/Info003.aspx.

White Paper excerpt:
If Alcoa gets this authorization renewed, we North Carolinians will accept to ask Alcoa for permission to use our own state’s accessible rivers. Not alone will we accept to ask permission, but we will accept to pay for the privilege. Alcoa operates in added than 300 locations in 44 countries. Such a bunch association does not authority the best interests of drought-ridden North Carolina as a priority.

Related Links:
www.co.stanly.nc.us
www.ncwaterrights.org http://h2o.enr.state.nc.us/
www.ncwaterrights.org/Info/Info003.aspx
www.uwharriecapitalcorp.com

News Facts:

•The Stanly County Board of Commissioners has appear the academic endorsement of a white cardboard acclamation the charge to anamnesis the Yadkin River from Alcoa, whose 50-year authorization to administer and sustain buying of the baptize abounding from the Yadkin River is up for face-lifting this year.
•The paper, authored by Roger Dick, president/CEO and architect of Stanly County’s Uwharrie Capital Corporation as able-bodied as a affiliate of the N.C. Water Rights Committee, is advised to serve as an advice adviser for North Carolina citizens, all whom are afflicted by the accepted baptize policy.
•Dick discusses the activity crisis apropos hydropower and how the federal licensing of accessible assets is affecting Stanly County and North Carolina.
•The proposed band-aid is the a lot of environmentally affable option, acceptance the anamnesis of the Yadkin River from Alcoa and the use of this ability to the account of the citizens of the Yadkin Valley and the State of North Carolina.

Quotes:
“We awful acclaim that anybody absorbed in acquirements the abounding data involving Alcoa’s operations on the Yadkin River apprehend this accomplished white paper,” said Stanly County Commissioner Lindsey Dunevant. “The after-effects of acceptance a clandestine bunch close to accumulation from the absolute use of a accessible ability such as the Yadkin for addition 50 years are dire, not just for Stanly County but all of North Carolina. The white cardboard provides a abundant accretion about the issues at pale in this action and their appulse on us and our children.”

About Roger Dick:
Roger Dick is president/CEO and architect of Uwharrie Capital Corp, which is a case captivation aggregation that owns three banks: Bank of Stanly, Cabarrus Bank & Trust Company, and Anson Bank & Trust Company alternating with Strategic Investment Advisors, Inc. Bank of Stanly owns a NASD-member balance brokerage, The Strategic Alliance Corp, and an allowance agency, BOS Agency, Inc. Roger holds an M.A. in accounts from the University of North Carolina at Charlotte. He is a certified investment administration analysis, a acceptance awarded by The Wharton School of the University of Pennsylvania, one of the world’s arch business schools. Roger is a above affiliate of the North Carolina Banking Commission and is an breath Board affiliate of the Central Park of North Carolina. He has a abysmal compassionate of the bread-and-butter issues that affect North Carolina and, for added than 25 years, has been discussing the virtues of bounded ascendancy of basic and accustomed resources.

About N.C. Water Rights Committee:
The N.C. Water Rights Committee is a affiliation of North Carolina businesses and anxious citizens who accept abutting this state-wide accomplishment to acquaint citizens of the analytical issues apropos baptize rights that affects all North Carolinians. For added information, appointment www.ncwaterrights.org.

Patty Briguglio
MMI Associates, Inc.
(919) 233-6600
patty@mmimarketing.com
PR Firms Raleigh, NC

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