NC water authority to settle lawsuits

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RANDLEMAN, N.C. (AP) - A water authority in Randleman has decided to settle a legal fight with the owners of seven hydroelectric plants for more than $2 million.

The News & Record of Greensboro reported (http://bit.ly/1qIu0gk) that the Piedmont Triad Regional Water Authority voted 9-1 Tuesday to accept the proposal to end the fight over the Deep River.

Authority director Gregory Flory said the $2.3 million settlement is less than the hydro facilities requested.

Greensboro would pay more than half the proposed settlement because it’s the reservoir’s majority owner. High Point, Randolph County, Archdale, Jamestown and Randleman would pay lesser amounts.

The operators of the small hydroelectric plants had said Randleman Reservoir diverts water that could be used to make and sell electricity.

Final approval could come by June 1.

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Information from: News & Record, http://www.news-record.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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