Proposition 1: Electrical utility upgrades
September 30, 2021
Voters will decide the future of Crystal Lake hydroelectric power in Petersburg on October 5.
Proposition 1 aims to raise an amount not to exceed $7.8 million in electric utility revenue bonds to refurbish the Blind Slough hydroelectric plant and add additional standby diesel generation at Scow Bay.
Though the borough will incur long-term indebtedness for a term not to exceed 25 years, supporters of the proposition say the upgrades are necessary and will benefit Petersburg.
The plant was built in the 1920s and according to Utility Director Karl Hagerman it has provided electricity at a low...