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County Takeover Plan of Indian Point Draws Fire

WHITE PLAINS, NY-Westchester County executive Andrew Spano's proposal to study the possible takeover of the Indian Point power plants and their conversion from nuclear power to gas has prompted harsh criticism from the owner of the plants.

By John Jordan | Updated on November 16, 2002

WHITE PLAINS, NY-Officials of Entergy Corp., the owner of the Indian Point nuclear power plants on the Hudson River shoreline in Buchanan, NY, have lashed out at a proposal by Westchester County executive Andrew Spano. Spano’s scheme calls for the county to undertake a study to determine how it could take over the plants and convert them into gas producing facilities.

On Nov. 14, the day before he released his proposed county budget that called for a 28.6% increase in property taxes and a one-cent hike in the county sales tax, Spano announced that the county intends to commission a $500,000 study of the possible takeover of Indian Point.

Spano said the county will issue RFPs for the study and that the county intends to ask New York City Mayor Michael Bloomberg if the city wishes to participate in it Among the issues to be addressed are the cost of a takeover of Indian Point either by purchase or condemnation; the replacement cost of the nuclear reactors with gas-fired generators that would supply “sufficient capacity;” how a takeover could be accomplished and the effect on energy rates and the local tax base.

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