The World banner headline of June 13 proclaimed “CEP vote on horizon”. The front page, above the fold, article reported that citizens are still skeptical about this thing that is labeled CEP, SCCF and WDP.
Whether labeled taxes or fees in lieu of taxes, it’s the people’s money to do with as the people, not a few self - anointed, so choose. You won’t be voting for how you want your piece of the potentially hundreds of millions of dollars spent, and neither will I. You won’t be voting to elect any person to represent your interests and oversee the CEP, SCCF or WDP. A majority of local citizens whose families long ago stopped using the schools systems and want their monies to go for infrastructure will not influence any vote. But you may attend a meeting.
What is it that will be the subject of a vote? Why should anybody be voting on a plan that Veresen / Jordan Cove Energy (JCEP) has not agreed to in writing or voting on how to distribute money that may never be received? The article says that four local government entities will vote on an Enterprise Zone Agreement in August. It’s possible that one or more of the entities may amend whatever it is that will be voted upon. Now what?
It’s possible that Veresen, the Canadian parent of JCEP, a company traded on the Toronto Stock Exchange, will sell out as soon as all permits are in hand. We have been informed that the JCEP will possibly be a seven billion dollar project. If you are among the folks who read financial reports from Veresen, you know that Veresen has relatively very few Canadian dollars to rub together. Why would Exxon or Shell or any investor make a seven billion dollar investment on the acknowledged most geologically unsafe location of the contiguous 48 united states? As reported by the article, why would any astute business person build housing in Coquille to support a North Spit enterprise? Would you welcome a Chinese company as you have welcomed a Canadian company? Will the content of a novation agreement covering taxes or fees, if Veresen / JCEP agree, be legally enforceable against the new developer? Why should our neighbor’s property be seized for a pipeline that benefits a Canadian company, not the US public? And there is so much more.
Fred Kirby
Coos Bay
Whether labeled taxes or fees in lieu of taxes, it’s the people’s money to do with as the people, not a few self - anointed, so choose. You won’t be voting for how you want your piece of the potentially hundreds of millions of dollars spent, and neither will I. You won’t be voting to elect any person to represent your interests and oversee the CEP, SCCF or WDP. A majority of local citizens whose families long ago stopped using the schools systems and want their monies to go for infrastructure will not influence any vote. But you may attend a meeting.
What is it that will be the subject of a vote? Why should anybody be voting on a plan that Veresen / Jordan Cove Energy (JCEP) has not agreed to in writing or voting on how to distribute money that may never be received? The article says that four local government entities will vote on an Enterprise Zone Agreement in August. It’s possible that one or more of the entities may amend whatever it is that will be voted upon. Now what?
It’s possible that Veresen, the Canadian parent of JCEP, a company traded on the Toronto Stock Exchange, will sell out as soon as all permits are in hand. We have been informed that the JCEP will possibly be a seven billion dollar project. If you are among the folks who read financial reports from Veresen, you know that Veresen has relatively very few Canadian dollars to rub together. Why would Exxon or Shell or any investor make a seven billion dollar investment on the acknowledged most geologically unsafe location of the contiguous 48 united states? As reported by the article, why would any astute business person build housing in Coquille to support a North Spit enterprise? Would you welcome a Chinese company as you have welcomed a Canadian company? Will the content of a novation agreement covering taxes or fees, if Veresen / JCEP agree, be legally enforceable against the new developer? Why should our neighbor’s property be seized for a pipeline that benefits a Canadian company, not the US public? And there is so much more.
Fred Kirby
Coos Bay
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