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Big Rate Hike?
News You Might Not Want to
Know
Hats off to Laura Onstot at the Seattle
Weekly for spotting some bad news that hasn't really emerged yet
from City Hall.
Past issues of Seattle Industry highlighted
the growing abundance of natural gas thanks to new drilling techniques.
This is a tremendously positive development for the economy and the
environment because gas is so much cleaner than coal for electrical
generation and the US possesses huge gas reserves (as does Canada). The
New York Times (link)
recently published a good story about the gas boom.
But, the great
news about natural gas comes with a bad twist for Seattle City Light
customers, as Onstot reported in the Weekly. Seattle City Light
makes vast sums of money selling surplus hydro power. This revenue helps
hold down local electricity rates.
But, the surplus power sums
aren't nearly as vast as they once were because the availability of
natural gas is depressing electricity prices throughout the
country.
Result? You probably already guessed.
City Light
proposes to make up for the declining revenue through a rate increase of
nearly nine percent in 2010, followed by another 10 percent or so over
2011 and 2012. But the City Light proposal is based in part on a City
Light staff assumption that gas prices will rebound next year. But, if gas
prices remain low, as most expect, the proposed rate increases could grow
even higher and the gas issue could impact City Light revenues and rates
for years to come.
This issue is just beginning to make its way
through the City Council. The council sets electric rates.
The
rate proposal will be discussed in greater detail at the October 27
meeting of the Executive Committee for the Manufacturing Industrial
Council of Seattle. The discussion will begin at 4:30 pm and is open to
the public. RSVP to 206-762-2470. The meeting will be held in Georgetown
at 5509 1st Avenue South.
Green
Greener Greenest Digging beneath the surface of green…and why it matters to the
construction industry.
What does it really mean to be green? What's the difference
between "greenwashing" and true sustainability? To help you explore and
answer these questions, the Construction Center of Excellence (CCE) is
proud to present the FREE 6-part Green Lecture Series 2009.
The
first lecture in the series, "Building Science – Knowing what you don't
know: the critical link between building science and green building" will
take place at 7:00pm on Tuesday, October 20th on the South Seattle
Community College Georgetown Campus at 6737 Corson Avenue South, Seattle,
98108. Space is limited for October 20, so please RSVP now to reserve your
spot for this free lecture!!
To register, visit the CCE website at
www.rtc.edu/CCE/Events . Scroll by date to find the lecture you want to
attend and click on the registration link. For more information or to
register by phone/email, contact Shana Peschek at speschek@rtc.edu or
425-235-2352 x2217.
Crime on the Increase in
SODO
Last week we had
a rash of serious criminal activity right here in SODO. 1.
Assault/theft in Starbucks parking lot 2. Stolen car in Bank of America
lot 3. Strong armed robbery near Safeco Field 4. Equipment stolen at
Cobalt - during the day by intruder.
The short message is simply be
alert. If you see anything out of the ordinary, witness a crime, CALL 911.
Don't get involved - we don't need any dead or maimed warriors.

SR 410 Closed West of
Naches
The 47-mile closed section of SR 410 is between Mount
Rainier National Park's Lake Tipsoo and the junction with US 12, five
miles west of Naches.
WSDOT closed SR 410 at 6 a.m. Sunday when
the highway section was uplifted and pushed into the Naches River. Due to
the continuous movement of the hillside and the redirection of the Naches
River channel, local officials closed Nile Road as it also suffered
landslide damage and flooded.
More information, photos and video
are available at http://www.wsdot.wa.gov/projects/sr410/landslide.
During the closure, commerical traffic is being detoured via US 12
or I-90.
Next Alaskan Viaduct Inspection Closure
Scheduled for Oct. 24-25 Twice a year, crews
close the viaduct for a weekend to inspect the structure and complete
maintenance work.
Both decks of the Alaskan Way Viaduct will be
closed between Spokane Street in the south through the Battery Street
Tunnel in the north. The closure is scheduled from: 6:00 a.m. to 5:30 p.m.
on Saturday, Oct. 24 and 6:00 a.m. to 6:00 p.m. on Sunday, Oct.
25.
In recent years members of the public have been invited to join
us during these closures for a tour of the structure. Unfortunately, a
public tour will not be possible during the October inspection, due to
limited daylight hours to complete the necessary maintenance and the
decision to reopen the viaduct earlier than normal to accommodate traffic
for the Oct. 24 Sounders game.
Most Of The Work Is At Night - But
Still A Lot of It!
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