Gary eyes waste-to-energy plant
By Carole Carlson email@example.com | 648-3154 February 27, 2013 5:00PM
Updated: February 27, 2013 5:23PM
GARY — The city’s Economic Development Corp. is considering a proposal to issue up to $14 million in bonds to the developer of a waste-to-energy plant.
The EDC will hold a public hearing on the plan at 10 a.m. March 8 at 839 Broadway.
The bonds will be paid solely from the revenue of the energy plant, according to J. Forest Hayes, the city’s director of commerce and the head of the EDC. He said the bonds won’t be an obligation to taxpayers or the city.
The bonds will be used to construct a 3.8 million gallon digester by the Gary Renewable Energy Plant that will produce natural gas. It’s estimated to generate about 2.5 megawatts of electricity, according to a legal notice.
The Indiana Secretary of State’s office lists an Indianapolis address for the company.
Hayes said the plant is connected to Organic Solutions Management, an Indiana company that manages waste disposal facilities throughout the country.
There’s been interest in waste-to-energy plants at recent Gary Sanitary District board meetings.
On Monday, Jim Nowacki criticized the project at a GSD meeting saying it would send sludge through a pipe to the GSD. Board members didn’t respond to his comment.
Nowacki also said the plant would be located at the site of the former Georgia-Pacific plant at 240 Waite St. The city said no site has been selected yet.