Relicensing Settlement Agreement

 

A Relicensing Settlement Agreement (RSA) for the Yadkin Project was submitted to FERC on May 7, 2007. The agreement was signed by 23 stakeholders representing state and federal agencies, local governments, homeowners and recreational users, environmental interest groups and others.

 

When Alcoa receives a new long-term license for the Yadkin Project, it will implement the relicensing agreement by making investments to improve water quality, preserve land, protect habitat and enhance recreational opportunities along the Yadkin River.

 

Environmental Protections

Conserving Land and Improving Water Quality

 

  • Improved Water Quality: Alcoa will invest up to $80 million to install state-of-the-art aeration technology that will increase dissolved oxygen levels and improve water quality in the Yadkin River. It has already invested $5+ million to enhance water quality.

  • Long-Term Land Protection: Alcoa will donate or make available for purchase more than 6,000 acres (roughly 40% of its land holdings) for recreation, game lands or conservation.

  • Improved Drought Protection: Alcoa will reduce generation and send less water downstream to preserve reservoir water levels during times of drought.

 

Recreational Enhancements

More Parks, Fishing Piers and Camp Sites

 

  • Expansion of Morrow Mountain State Park: Alcoa will donate more than 1,000 acres of land for the expansion of Morrow Mountain State Park.

  • A New Waterfront Park in Badin: Alcoa will donate 14 acres to the Town of Badin for a new public park along the Badin Lake waterfront. A master plan for the park has already been completed. 

  • New Recreational Facilities: Alcoa will invest more than $1 million dollars to create new and upgraded recreation facilities, including a new public swim area in Rowan County, new tailwater fishing access areas, and new fishing piers and camp sites. 

  • Higher Water Levels and an Extended Recreation Season: Alcoa will extend the recreation season at High Rock Lake by three months and adjust its operations to keep more water in the lake.

  • Protection of Eagle Point Nature Preserve:  Alcoa will donate 63 acres of land to Rowan County for the continued protection and public access to the Eagle Point Nature Preserve.

 

Local Community Benefits

More Drinking Water for Albemarle

 

  • More Drinking Water: The City of Albemarle may increase water withdraws up to 30 million gallons per day, pending FERC approval.  That is four times greater than its current water consumption.

 

Relicensing Settlement Agreement Signatories

 

The following organizations have expressed support of a new license for APGI through their signatures on the formal Relicensing Settlement Agreement for the Yadkin Project.

 

Alcoa Power Generating Inc. (Alcoa-Yadkin)
American Rivers
Badin Lake Association
Badin Historic Museum
Catawba Indian Nation
City of Albemarle, NC
Davidson County **
High Rock Business Owners Group
High Rock Lake Association
Land Trust for Central North Carolina
Montgomery County, NC
The Nature Conservancy (S.C. Chapter)
N.C. Department of Environment and Natural Resources *
N.C. Wildlife Resources Commission
Pee Dee River Coalition
Piedmont Boat Club
Rowan County, NC
Salisbury/Rowan Association of Realtors
S.C. Coastal Conservation League
S.C. Department of Health & Environmental Control
S.C. Department of Natural Resources
Stanly County **
Town of Badin, NC
U.S. Forest Service
Uwharrie Point Community Association

 

* Represents the N.C. Division of Water Quality and N.C. Division of Water Resources

 

** Announced support for the Relicensing Settlement Agreement in 2013