TVA to spend $40M in response to Dec. coal ash spill



Sept. 17

The Tennessee Valley Authority plans to spend $40 million in economic development funds in Roane County, Tenn., as part of its response to the December 2008 spill of coal ash into the Emory River.

The cleanup will cost the TVA an estimated $1 billion, but the $40 million pledged to Roane County on Sept. 14 is earmarked for helping repair the area´s image, attract new business investment and improve the quality of life for area residents.

"Our restoration effort in Roane County addresses not only the physical cleanup at the Kingston site, but also the economic development needs of the community," said Anda Ray, TVA´s senior vice president for environment and research.

The Roane County Economic Development Foundation, which includes local community leaders and TVA representatives, will administer the funds.

Contact Waste & Recycling News senior reporter Bruce Geiselman at 330-865-6172 or bgeiselman@crain.com

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