This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

West Texas County To Vote On Funding Nuke Site

BETSY BLANEY

LUBBOCK, Texas (AP) ¿ Many folks in a sparsely populated West Texas county actually embraced the idea of opening up a radioactive waste site because it would bring in much needed jobs and tax dollars.

Now that the waste company's asking Andrews County to go a step further and come up with $75 million to pay for a disposal area at the site, Tom and Rhonda Stark aren't so sure.

"We're not sure they should get into the business of being financiers," said Rhonda Stark, adding that the county also shouldn't put "too many eggs" into one project. "This is a very complicated basket and $75 million buys a lot of eggs."

Voters in the county that borders New Mexico will decide Saturday whether to help Dallas-based Waste Control Specialists fund construction of a low-level radioactive waste disposal facility.

If passed, the measure would give county officials the ability to issue the bonds used to purchase $75 million of Waste Control Specialists' assets and lease those back to the company.

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
VHI $6.73 0.00%
AAPL $132.32 2.00%
FB $81.59 -1.00%
GOOG $565.06 0.00%
TSLA $220.65 0.94%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs