Even though the rezoning lawsuit is not yet settled, SME broke ground yesterday on their coal-fired plant.
According to County Commissioner Joe Briggs, they cannot erect structures but they can do earth-moving activities.
Tim Gregori claims that "SME has arranged a significant piece of financing from commercial banks for the initial work, but the financial package for the entire project is being put together in phases". Of course, he would not elaborate as to which banks are involved.
He also indicated that the city of Great Falls is not directly involved in the construction of the plant, but "they may move in as they so desire".
Considering that the city evidently has no more money to squander on this debacle, it doesn't seem logical to think that they will be "moving in" any time soon.
But then again, it wasn't a logical deal to begin with.
According to County Commissioner Joe Briggs, they cannot erect structures but they can do earth-moving activities.
Tim Gregori claims that "SME has arranged a significant piece of financing from commercial banks for the initial work, but the financial package for the entire project is being put together in phases". Of course, he would not elaborate as to which banks are involved.
He also indicated that the city of Great Falls is not directly involved in the construction of the plant, but "they may move in as they so desire".
Considering that the city evidently has no more money to squander on this debacle, it doesn't seem logical to think that they will be "moving in" any time soon.
But then again, it wasn't a logical deal to begin with.