Now that FLTF has acquired the properties on behalf of the counties, we notified FERC of that fact and commented on FERC’s proposed fine to Boyce Hydro of $15 million. Given there are significant issues with the Boyce Hydro FERC licenses and the fact that it would be economically unfeasible to recover the investments needed to keep hydro on the dams, we are requesting FERC to find a smooth path to move regulatory authority to the State of Michigan. This is in the best interest of the community.
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