The Boyce-FLTF settlement motion with both parties agreeing on the terms of condemnation was granted in bankruptcy court.
“Gladwin and Midland Counties made a brave decision after May 19, 2020, under their authority to take the Boyce properties,” said Dave Kepler, FLTF chair. “This is an important step for our lake communities to gain control of our future. We have a lot of work ahead of us as we take over operations, recover, and develop an affordable path forward to rebuild our lakes but with the community’s support, we are ready for the task.”
An Operations Transition Team will manage the safe transfer of assets of the Secord, Smallwood, Edenville and Sanford dams from Boyce Hydro to FLTF. The transfer of property is expected within the next few weeks.