(KLZA)--The Falls City Board of Public Works passed a resolution during their March 20th meeting supporting a proposal from Falls City Economic Development and Growth Enterprise to build a secondary electrical transmission line for Falls City and seek designation as a Network Integration transmission Service provider.
The designation must also be approved by the City Council.
The designation would allow Falls City Utilities to purchase electricity from multiple sources and effectively control its own destiny.
In a release to EDGE Members and community leaders, the economic development organization points out that this project will never be more affordable, and that this is Falls City's opportunity, and it's necessary for the future of Falls City's growth.
While poised to land a multi-billion dollar investment from Citroniq, EDGE points out the electrical infrastructure addition is for the future of the community, and not necessarily in preparation for Citroniq.
The Nebraska Department of Economic Development has approved the proposal and is poised to send the City of Falls City the $15 million the city earned through the LB977 grant in the Spring of 2022.
EDGE hopes to formally present the opportunity to the City Council on Monday, April 7th or possibly April 21.
EDGE encourages you to voice your support to elected officials on the City Council.
Specific details of the project are not yet available for public consumption due to NERC and FERC regulations.
The City needs to seek a reliable electrical source to prevent future power outages.
The current transmission line has no capacity for future growth. While there is a large capital investment that will need to be bonded, the debt payments are affordable.
In addition, Citroniq has verbally committed to Falls City to assist with financing for the project.
© Many Signals Communications
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