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Fwd:WSJArticle:FallingChineseCoalConsumptionandOutputUndermine
GlobalMarket
1message
GordonWalker<gdwalker@utah.gov>
To:JeffHolt<jeff.holt@bmo.com>
Sat,Feb28,2015at6:25AM
YoumaywanttoreadthisarticleintheWallStreetJournalasitdoeshaverelevancetotherequestforCIB
fundsandtheattendantriskprofileforthecounties.
Gordon
SentfrommyiPad
Beginforwardedmessage:
From:"Walker,Davies"<Davies.Walker@Honeywell.com>
Date:February27,2015at8:05:05PMCST
To:"gdwalker@utah.gov"<gdwalker@utah.gov>
Subject:WSJArticle:FallingChineseCoalConsumptionandOutputUndermineGlobal
Market
FallingChineseCoal
ConsumptionandOutput
UndermineGlobalMarket
Lastyearstrendiscountrysfirstsuchdeclinein14years,
frustratingminingcompanies
Chinascoalconsumptionandproductionfelllastyearforthefirsttimein14years,confirminga
trendthathasbecomeoneoftheheaviestweightssinkingtheglobalcoalmarket.
Theworldslargestcoalproducershrankbothitsoutputanddemandbynearly3%,accordingto
freshgovernmentdata.ThedeclineisanearlysignofChinassuccessinjoiningcountriesaround
theworldintryingtodiminishairpollutionandcapitalizeonfallingoilandgasprices.
Butanalystssaidthetrendalsoispartofaworstcasescenarioforcoalminerstheworldover,
whohadhopedChinesecoalimportswouldsavethemfromcollapsingmarketsintheWest.
ThedecreaseputsChinaatornearaninflectionpointknownaspeakcoal,atwhichalongterm
declineinconsumptionofthemineralbeginsafterdecadesofheavyuse.Theshiftalreadyis
havingknockoneffects,withcoalpricesworldwidefallingtosixyearlows,withminesclosing
throughoutChinaandwithsomeglobalminingcompaniesfacinginsolvency.
MinerspreviouslyhadpredictedastraightlineofcontinuedgrowthinChina.Nowhereweare,
saidLucasPipes,ananalystatBreanCapitalLLC,aninvestmentbankandassetmanagement
firm.Thatisaseachangeintheglobalcoalmarket.
DatareleasedbythegovernmentonThursdayshowChinaused5.9%morecrudeoiland8.6%
morenaturalgasin2014.Coaloutputlastyearfell2.5%to3.87billionmetrictonsfromayear
ago,whilecoalconsumptionfell2.9%,accordingtotheNationalBureauofStatistics.
EconomistshadforecastChinawillhitpeakcoalaroundorslightlybefore2020,butsomeanalysts
saytherearesignsthatthishasalreadyhappened.CoaldemandinEuropeandtheU.S.isalso
shrinking,whilegrowingeconomieslikeIndiaarentimportingenoughtooffsetChinasoutsize
cutback.
Internationalbenchmarkpricesforthemineralhavefallennearly50%toabout$62ametricton
andtheU.S.benchmarkhasfallen24%to$52.90frompeakslevelsin2012,whenU.S.exports
hittheirhigh,accordingtoPlatts,apricingserviceofMcGrawHillFinancialInc.Pricesfor
metallurgicalcoal,whichisusedtomakesteel,havetumbled55%fromtheir2012peakto$102.8
ametricton,astheChinesegovernmenthasmovedtoslowdownitssteelindustry.
Chinesecoalimportslastyearfell10.9%from2013to291.2milliontons,thebureausaid.
TheresnoquestionthatalotofU.S.companiesinparticularlatchedtheirhopetosignificant
gainsinChinaalmostintoperpetuity,saidMarkLevin,ananalystatBB&TCorp.scapital
marketsgroup.Andgiventransportationcosts,theU.S.mineristheguywhogetspricedoutof
Asiathefastest.
Coalstroublesfitintolargerstrugglesacrosstheminingindustry.Manycompaniesboosted
productiontomeetsurgingChinesedemand,onlytooversupplythemarket.Minershaveracked
upmajorlosses,butfallingcurrenciesandenergypriceshavecutcostsandhelpedsome
producerskeeprampingupproductiontocompeteformarketshare.
Thegoalofcoalminingcompaniesistosurviveuntilthereisareboundforcoal,whichisstillby
farthedominantenergysourceinChina.SomeanalystshavesaidChinesecoalconsumption
couldriseslightlyinthecomingyearsifconcernsabouttheflaggingeconomygrowandpricesfor
oilandotherfuelsshootup.ManyarehopefulaboutdemandinIndiaandotheremergingmarkets.
Thecoalmarketislikelynearingabottom,saidCliveBurstow,afundmanageratBaringAsset
ManagementLtd.inLondon.His$10.1millionminingfund,partof$45.1billionundermanagement
atBaring,looksforequitiesthatcanprofitoverthreetofiveyears.Thecoalmarketisclearly
oversuppliednow,butinvestmentsareslowingandemergingmarketdemandislikelytoleada
reboundinfiveyears,hesaid.Nowisthetimetobelookingatcoalcompanies,Mr.Burstow
said.Itdoeslookverypromising.
WritetoTimothyPukoatTim.Puko@wsj.comandChuinWeiYapatchuinwei.yap@wsj.com
G. Davies Walker
Director,Catalysts,AdsorbentsandSpecialties
UOP,AHoneywellCompany
25E.AlgonquinRd.DesPlaines,IL60016
P:(847)3913888|C:(480)3219594
davies.walker@honeywell.com
GordonWalker<gdwalker@utah.gov>
Re:WSJArticle:FallingChineseCoalConsumptionandOutputUndermine
GlobalMarket
1message
Holt,Jeff<jeff.holt@bmo.com>
To:GordonWalker<gdwalker@utah.gov>
Mon,Mar2,2015at4:15PM
Yes,thanks.
JH
SentfrommyBlackBerry10smartphoneontheVerizonWireless4GLTEnetwork.
From:GordonWalker
Sent:Saturday,February28,20156:25AM
To:Holt,Jeff
Subject:Fwd:WSJArticle:FallingChineseCoalConsumptionandOutputUndermineGlobalMarket
YoumaywanttoreadthisarticleintheWallStreetJournalasitdoeshaverelevancetotherequestforCIB
fundsandtheattendantriskprofileforthecounties.
Gordon
SentfrommyiPad
Beginforwardedmessage:
From:"Walker,Davies"<Davies.Walker@Honeywell.com>
Date:February27,2015at8:05:05PMCST
To:"gdwalker@utah.gov"<gdwalker@utah.gov>
Subject:WSJArticle:FallingChineseCoalConsumptionandOutputUndermineGlobal
Market
FallingChineseCoal
ConsumptionandOutput
UndermineGlobalMarket
Lastyearstrendiscountrysfirstsuchdeclinein14years,
frustratingminingcompanies
Chinascoalconsumptionandproductionfelllastyearforthefirsttimein14years,confirminga
trendthathasbecomeoneoftheheaviestweightssinkingtheglobalcoalmarket.
Theworldslargestcoalproducershrankbothitsoutputanddemandbynearly3%,accordingto
freshgovernmentdata.ThedeclineisanearlysignofChinassuccessinjoiningcountriesaround
theworldintryingtodiminishairpollutionandcapitalizeonfallingoilandgasprices.
Butanalystssaidthetrendalsoispartofaworstcasescenarioforcoalminerstheworldover,
whohadhopedChinesecoalimportswouldsavethemfromcollapsingmarketsintheWest.
ThedecreaseputsChinaatornearaninflectionpointknownaspeakcoal,atwhichalongterm
declineinconsumptionofthemineralbeginsafterdecadesofheavyuse.Theshiftalreadyis
havingknockoneffects,withcoalpricesworldwidefallingtosixyearlows,withminesclosing
throughoutChinaandwithsomeglobalminingcompaniesfacinginsolvency.
MinerspreviouslyhadpredictedastraightlineofcontinuedgrowthinChina.Nowhereweare,
saidLucasPipes,ananalystatBreanCapitalLLC,aninvestmentbankandassetmanagement
firm.Thatisaseachangeintheglobalcoalmarket.
DatareleasedbythegovernmentonThursdayshowChinaused5.9%morecrudeoiland8.6%
morenaturalgasin2014.Coaloutputlastyearfell2.5%to3.87billionmetrictonsfromayear
ago,whilecoalconsumptionfell2.9%,accordingtotheNationalBureauofStatistics.
EconomistshadforecastChinawillhitpeakcoalaroundorslightlybefore2020,butsomeanalysts
saytherearesignsthatthishasalreadyhappened.CoaldemandinEuropeandtheU.S.isalso
shrinking,whilegrowingeconomieslikeIndiaarentimportingenoughtooffsetChinasoutsize
cutback.
Internationalbenchmarkpricesforthemineralhavefallennearly50%toabout$62ametricton
andtheU.S.benchmarkhasfallen24%to$52.90frompeakslevelsin2012,whenU.S.exports
hittheirhigh,accordingtoPlatts,apricingserviceofMcGrawHillFinancialInc.Pricesfor
metallurgicalcoal,whichisusedtomakesteel,havetumbled55%fromtheir2012peakto$102.8
ametricton,astheChinesegovernmenthasmovedtoslowdownitssteelindustry.
Chinesecoalimportslastyearfell10.9%from2013to291.2milliontons,thebureausaid.
TheresnoquestionthatalotofU.S.companiesinparticularlatchedtheirhopetosignificant
gainsinChinaalmostintoperpetuity,saidMarkLevin,ananalystatBB&TCorp.scapital
marketsgroup.Andgiventransportationcosts,theU.S.mineristheguywhogetspricedoutof
Asiathefastest.
Coalstroublesfitintolargerstrugglesacrosstheminingindustry.Manycompaniesboosted
productiontomeetsurgingChinesedemand,onlytooversupplythemarket.Minershaveracked
upmajorlosses,butfallingcurrenciesandenergypriceshavecutcostsandhelpedsome
producerskeeprampingupproductiontocompeteformarketshare.
Thegoalofcoalminingcompaniesistosurviveuntilthereisareboundforcoal,whichisstillby
farthedominantenergysourceinChina.SomeanalystshavesaidChinesecoalconsumption
couldriseslightlyinthecomingyearsifconcernsabouttheflaggingeconomygrowandpricesfor
oilandotherfuelsshootup.ManyarehopefulaboutdemandinIndiaandotheremergingmarkets.
Thecoalmarketislikelynearingabottom,saidCliveBurstow,afundmanageratBaringAsset
ManagementLtd.inLondon.His$10.1millionminingfund,partof$45.1billionundermanagement
atBaring,looksforequitiesthatcanprofitoverthreetofiveyears.Thecoalmarketisclearly
oversuppliednow,butinvestmentsareslowingandemergingmarketdemandislikelytoleada
reboundinfiveyears,hesaid.Nowisthetimetobelookingatcoalcompanies,Mr.Burstow
said.Itdoeslookverypromising.
WritetoTimothyPukoatTim.Puko@wsj.comandChuinWeiYapatchuinwei.yap@wsj.com
G. Davies Walker
Director,Catalysts,AdsorbentsandSpecialties
UOP,AHoneywellCompany
25E.AlgonquinRd.DesPlaines,IL60016
P:(847)3913888|C:(480)3219594
davies.walker@honeywell.com
Thisemailandanyattachmentsmaycontainconfidentialandprivilegedinformation.Ifyouarenottheintendedrecipient,pleasenotifythe
senderimmediatelybyreturnemail,deletethisemailanddestroyanycopies.Anydisseminationoruseofthisinformationbyapersonother
thantheintendedrecipientisunauthorizedandmaybeillegal.Unlessotherwisestated,opinionsexpressedinthisemailarethoseofthe
authorandarenotendorsedbytheauthor'semployer
GordonWalker<gdwalker@utah.gov>
WestGatewayProject
1message
JimBurr<burr@chapman.com>
To:GordonWalker<gdwalker@utah.gov>
Sun,Mar8,2015at12:03PM
Gordon,
ItwasapleasuremeetingyouinOaklandlastFriday.AsImentioned,itwouldbehelpfulforustogettogetherto
discusssomeoflegalandbusinessconsiderationsassociatedwiththeWestGatewayProjectinOakland.
Pleaseletmeknowaconvenienttimeforyouduringthecomingweek.I'vegotgoodavailabilityMonday
afternoon,TuesdayafternoonandWednesdaymorning.
Regards,
Jim
JamesBurr
ChapmanandCutlerLLP
201SouthMainStreet,Suite2000
SaltLakeCity,Utah84111
p:(801)5361447
f:(312)5161479
e:burr@chapman.com
PleaseconsidertheEnvironmentbeforeprintingthisemail.
ChapmanandCutlerLLPisanIllinoislimitedliabilitypartnershipthathaselectedtobegovernedbytheIllinois
UniformPartnershipAct(1997).
NOTICEOFCONFIDENTIALITY:Theinformationcontainedinthisemailtransmissionisconfidentialinformation
whichmaycontaininformationthatislegallyprivilegedandexemptfromdisclosureunderapplicablelaw.The
informationisintendedsolelyfortheuseoftheindividualorentitynamedabove.Ifyouarenottheintended
recipient,youareherebynotifiedthatanydisclosure,copying,distributionortakingofanyactioninrelianceon
thecontentsofthisemailtransmissionisstrictlyprohibited.Ifyouhavereceivedthisemailtransmissionin
error,pleasenotifyusimmediatelybytelephonetoarrangeforthereturnoftheoriginaltransmissiontous.
ThisemailhasbeenscannedforemailrelatedthreatsanddeliveredsafelybyMimecast.
Formoreinformationpleasevisithttp://www.mimecast.com
GordonWalker<gdwalker@utah.gov>
Re:ReporterInformationrequestSaltLakeTribuneFiveCounty
InfrastructureCoalitionapplication
1message
BethanyHyatt<bethanyhyatt@utah.gov>
To:GordonWalker<gdwalker@utah.gov>
Cc:CandacePowers<cpowers@utah.gov>
Tue,Mar31,2015at1:33PM
Gordon,
IjustgotoffthephonewithBrianMaffly.
He'sinterestedinwhatthe$53,000,000projectisallabout.Therewasnoinformationincluded
intheagendapacketandhe'sjusttryingtounderstandwhattheprojectis.Isitrelatedtothe
railproject?Orisitanewproject?
Letmeknowandwe'llstrategizeonhowwewanttoproceedwithcallingBrianback.Thanks!
BethanyH.
OnTue,Mar31,2015at1:11PM,BethanyHyatt<bethanyhyatt@utah.gov>wrote:
ThanksKathy.I'llgetintouchwithBrianandloopinGordon.
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
OnTue,Mar31,2015at12:54PM,KathyBounous<kbounous@utah.gov>wrote:
ThankyouCandaceforlettingmeknow.IhaveCc'dBethanyHyattsheisthepublicinformationofficer
assignedtoHCD.Shewillgetintouchwithyouandtakeitfromhere:).
OnTue,Mar31,2015at10:34AM,CandacePowers<cpowers@utah.gov>wrote:
Kathy,
TherewasavoicemessageonmyphonefromaBrianMafflyoftheSaltLakeTribunerequesting
informationabouttheFiveCountyInfrastructureprojectontheCIBagendaforThursday,April2,2015.
$53,000,000forthroughputcapacity.Hehasrequestedacallback.
GordonWalkermaybeasourcecontactforthisinformation.
ThefollowinginformationwasretrievedfromtheSLTribunewebsite:
Brian Maffly 8012578605 bmaffly@sltrib.com
Health,educationandenvironmentReporter
Ifyouhavequestionsconcerningthemeeting,pleasecontactme.Ifyouhavequestionsconcerningthe
FiveCountyInfrastructureproject,contactGordonWalkergdwalker@utah.gov.
Thanks,
CandacePowers
PermanentCommunityImpactFund(CIB)
1385SouthStateStreet~4thFloor
SaltLakeCity,UT84115
(801)4680131
cpowers@utah.gov
KathyBounous
GeneralCounsel
DirectorofAppealsandLegislativeAffairs
DepartmentofWorkforceServices
140East300South
SaltLakeCity,UT84145
(801)5269653Office
GordonWalker<gdwalker@utah.gov>
Re:ReporterInformationrequestSaltLakeTribuneFiveCounty
InfrastructureCoalitionapplication
1message
BethanyHyatt<bethanyhyatt@utah.gov>
To:KathyBounous<kbounous@utah.gov>
Cc:CandacePowers<cpowers@utah.gov>,GordonWalker<gdwalker@utah.gov>
Tue,Mar31,2015at1:11PM
ThanksKathy.I'llgetintouchwithBrianandloopinGordon.
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
OnTue,Mar31,2015at12:54PM,KathyBounous<kbounous@utah.gov>wrote:
ThankyouCandaceforlettingmeknow.IhaveCc'dBethanyHyattsheisthepublicinformationofficer
assignedtoHCD.Shewillgetintouchwithyouandtakeitfromhere:).
OnTue,Mar31,2015at10:34AM,CandacePowers<cpowers@utah.gov>wrote:
Kathy,
TherewasavoicemessageonmyphonefromaBrianMafflyoftheSaltLakeTribunerequesting
informationabouttheFiveCountyInfrastructureprojectontheCIBagendaforThursday,April2,2015.
$53,000,000forthroughputcapacity.Hehasrequestedacallback.
GordonWalkermaybeasourcecontactforthisinformation.
ThefollowinginformationwasretrievedfromtheSLTribunewebsite:
Brian Maffly 8012578605 bmaffly@sltrib.com
Health,educationandenvironmentReporter
Ifyouhavequestionsconcerningthemeeting,pleasecontactme.Ifyouhavequestionsconcerningthe
FiveCountyInfrastructureproject,contactGordonWalkergdwalker@utah.gov.
Thanks,
CandacePowers
PermanentCommunityImpactFund(CIB)
1385SouthStateStreet~4thFloor
SaltLakeCity,UT84115
(801)4680131
cpowers@utah.gov
KathyBounous
GeneralCounsel
DirectorofAppealsandLegislativeAffairs
DepartmentofWorkforceServices
140East300South
SaltLakeCity,UT84145
(801)5269653Office
GordonWalker<gdwalker@utah.gov>
Re:ReporterInformationrequestSaltLakeTribuneFiveCounty
InfrastructureCoalitionapplication
1message
KathyBounous<kbounous@utah.gov>
Tue,Mar31,2015at12:54PM
To:CandacePowers<cpowers@utah.gov>
Cc:BethanyHyatt<bethanyhyatt@utah.gov>,GordonWalker<gdwalker@utah.gov>
ThankyouCandaceforlettingmeknow.IhaveCc'dBethanyHyattsheisthepublicinformationofficer
assignedtoHCD.Shewillgetintouchwithyouandtakeitfromhere:).
OnTue,Mar31,2015at10:34AM,CandacePowers<cpowers@utah.gov>wrote:
Kathy,
TherewasavoicemessageonmyphonefromaBrianMafflyoftheSaltLakeTribunerequestinginformation
abouttheFiveCountyInfrastructureprojectontheCIBagendaforThursday,April2,2015.$53,000,000for
throughputcapacity.Hehasrequestedacallback.
GordonWalkermaybeasourcecontactforthisinformation.
ThefollowinginformationwasretrievedfromtheSLTribunewebsite:
Brian Maffly 8012578605 bmaffly@sltrib.com
Health,educationandenvironmentReporter
Ifyouhavequestionsconcerningthemeeting,pleasecontactme.IfyouhavequestionsconcerningtheFive
CountyInfrastructureproject,contactGordonWalkergdwalker@utah.gov.
Thanks,
CandacePowers
PermanentCommunityImpactFund(CIB)
1385SouthStateStreet~4thFloor
SaltLakeCity,UT84115
(801)4680131
cpowers@utah.gov
KathyBounous
GeneralCounsel
DirectorofAppealsandLegislativeAffairs
DepartmentofWorkforceServices
140East300South
SaltLakeCity,UT84145
(801)5269653Office
GordonWalker<gdwalker@utah.gov>
ReporterInformationrequestSaltLakeTribuneFiveCountyInfrastructure
Coalitionapplication
1message
CandacePowers<cpowers@utah.gov>
To:KathyBounous<kbounous@utah.gov>
Cc:"Walker,Gordon"<gdwalker@utah.gov>
Tue,Mar31,2015at10:34AM
Kathy,
TherewasavoicemessageonmyphonefromaBrianMafflyoftheSaltLakeTribunerequestinginformation
abouttheFiveCountyInfrastructureprojectontheCIBagendaforThursday,April2,2015.$53,000,000for
throughputcapacity.Hehasrequestedacallback.
GordonWalkermaybeasourcecontactforthisinformation.
ThefollowinginformationwasretrievedfromtheSLTribunewebsite:
Brian Maffly 8012578605
bmaffly@sltrib.com
Health,educationandenvironmentReporter
Ifyouhavequestionsconcerningthemeeting,pleasecontactme.IfyouhavequestionsconcerningtheFive
CountyInfrastructureproject,contactGordonWalkergdwalker@utah.gov.
Thanks,
CandacePowers
PermanentCommunityImpactFund(CIB)
1385SouthStateStreet~4thFloor
SaltLakeCity,UT84115
(801)4680131
cpowers@utah.gov
GordonWalker<gdwalker@utah.gov>
Fw:MarkMcClure
1message
Holt,Jeff<jeff.holt@bmo.com>
To:GordonWalker<gdwalker@utah.gov>
Wed,Apr1,2015at1:05PM
SentfrommyBlackBerry10smartphoneontheVerizonWireless4GLTEnetwork.
From:Jeff.Holt@bmo.com
Sent:Wednesday,April1,20151:05PM
To:JaePotter
Cc:EmilyHashimotoJamesBurrJonathanRose
Subject:MarkMcClure
arkMcClurefromCCIGwillbeatthepresentationtomorrow,readytoansweranyspecificquestionsaboutthe
M
terminal.Iambringinghimandhewillbeready.
IthinkheandJimBurrcansitbehindthetableonthefrontrow.
Jeff
SentfrommyBlackBerry10smartphoneontheVerizonWireless4GLTEnetwork.
Thisemailandanyattachmentsmaycontainconfidentialandprivilegedinformation.Ifyouarenottheintendedrecipient,pleasenotifythe
senderimmediatelybyreturnemail,deletethisemailanddestroyanycopies.Anydisseminationoruseofthisinformationbyapersonother
thantheintendedrecipientisunauthorizedandmaybeillegal.Unlessotherwisestated,opinionsexpressedinthisemailarethoseofthe
authorandarenotendorsedbytheauthor'semployer
GordonWalker<gdwalker@utah.gov>
Re:ReporterInformationrequestSaltLakeTribuneFiveCounty
InfrastructureCoalitionapplication
1message
BethanyHyatt<bethanyhyatt@utah.gov>
To:GordonWalker<gdwalker@utah.gov>
Cc:CandacePowers<cpowers@utah.gov>
Wed,Apr1,2015at9:44AM
Update:IcalledBrianbackyesterdayafternoonandlethimknowthattheFiveCountyCoalition
hadnotyetprovidedtheBoardwiththeinformationabouttheirspecialrequesttobeon
Thursday'sagenda.IinformedhimthattheBoardwillbeinformedonthedetailsatthesame
timeasthepublicatthemeeting.BrianindicatedthathewouldlikelyattendThursday'sboard
meetingtohearthepresentation.
BethanyH.
OnTue,Mar31,2015at1:33PM,BethanyHyatt<bethanyhyatt@utah.gov>wrote:
Gordon,
IjustgotoffthephonewithBrianMaffly.
He'sinterestedinwhatthe$53,000,000projectisallabout.Therewasnoinformationincluded
intheagendapacketandhe'sjusttryingtounderstandwhattheprojectis.Isitrelatedtothe
railproject?Orisitanewproject?
Letmeknowandwe'llstrategizeonhowwewanttoproceedwithcallingBrianback.Thanks!
BethanyH.
OnTue,Mar31,2015at1:11PM,BethanyHyatt<bethanyhyatt@utah.gov>wrote:
ThanksKathy.I'llgetintouchwithBrianandloopinGordon.
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
OnTue,Mar31,2015at12:54PM,KathyBounous<kbounous@utah.gov>wrote:
ThankyouCandaceforlettingmeknow.IhaveCc'dBethanyHyattsheisthepublicinformationofficer
assignedtoHCD.Shewillgetintouchwithyouandtakeitfromhere:).
OnTue,Mar31,2015at10:34AM,CandacePowers<cpowers@utah.gov>wrote:
Kathy,
TherewasavoicemessageonmyphonefromaBrianMafflyoftheSaltLakeTribunerequesting
informationabouttheFiveCountyInfrastructureprojectontheCIBagendaforThursday,April2,2015.
$53,000,000forthroughputcapacity.Hehasrequestedacallback.
GordonWalkermaybeasourcecontactforthisinformation.
ThefollowinginformationwasretrievedfromtheSLTribunewebsite:
Brian Maffly 8012578605 bmaffly@sltrib.com Health,educationandenvironmentReporter
Ifyouhavequestionsconcerningthemeeting,pleasecontactme.Ifyouhavequestionsconcerning
theFiveCountyInfrastructureproject,contactGordonWalkergdwalker@utah.gov.
Thanks,
CandacePowers
PermanentCommunityImpactFund(CIB)
1385SouthStateStreet~4thFloor
SaltLakeCity,UT84115
(801)4680131
cpowers@utah.gov
KathyBounous
GeneralCounsel
DirectorofAppealsandLegislativeAffairs
DepartmentofWorkforceServices
140East300South
SaltLakeCity,UT84145
(801)5269653Office
GordonWalker<gdwalker@utah.gov>
HCDCIBapprovalof$53millionforOaklandPort
1message
BethanyHyatt<bethanyhyatt@utah.gov>
To:CandacePowers<cpowers@utah.gov>
Cc:KeithHeaton<kheaton@utah.gov>,GordonWalker<gdwalker@utah.gov>
Fri,Apr10,2015at9:57AM
Candace,
GordonrequestedthatwenotsendoutthepressreleasefollowingthelastCIBmeeting.
Wehaveseenonlyonenewsstoryregardingthe$53millionOaklandproject.Thismorningwe
receivedacallfromaSevierCountyemployeeaskingifwesentoutapressreleaseforthat
project(theywereassumingwesendoutareleaseaftereverymeeting...?).
WithGordonoutthisweek,canyoupleasesendmesomebulletpointsaboutwhatexactlythe
boardapproved/didn'tapprovere:the$53millionandnextsteps.We'dliketobepreparedfor
futurecommunicationneedsonthisproject.Thanks!
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
GordonWalker<gdwalker@utah.gov>
Re:HCDCIBOaklandPort
1message
BethanyHyatt<bethanyhyatt@utah.gov>
To:CandacePowers<cpowers@utah.gov>
Cc:KeithHeaton<kheaton@utah.gov>,GordonWalker<gdwalker@utah.gov>
Fri,Apr10,2015at11:10AM
Thanksforyourtimeonyourdayoutoftheoffice.
We'renotlookingfortalkingpointsatthispointandmostdefinitelywillreferanyquestionsto
yourteamforresponse.Iwouldliketobetterunderstandtheprocessesthatareinreviewand
getafingeronthepulseoftheprojecttobetterunderstandbepreparedtohelpyourteam
communicatewhenyouarereadytogopublicwithmoreinformation.Wecantalknextweek
whenyouarebackintheoffice.
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
OnFri,Apr10,2015at10:47AM,CandacePowers<cpowers@utah.gov>wrote:
Bethany,
IamnotintheofficeonFridaybutIcheckemail.Itisnotacertaintythatpressreleasesaresenton
projects.
ThoughtheOaklandprojectandthefundingissignificant,atthistimetherearen'tanyabsolutetalkingpoints
toproduce.Thereareprocessesinreviewandinformationmaybeforthcoming.Thanks.
Candace
OnFri,Apr10,2015at9:57AM,BethanyHyatt<bethanyhyatt@utah.gov>wrote:
Candace,
GordonrequestedthatwenotsendoutthepressreleasefollowingthelastCIBmeeting.
Wehaveseenonlyonenewsstoryregardingthe$53millionOaklandproject.Thismorning
wereceivedacallfromaSevierCountyemployeeaskingifwesentoutapressreleasefor
thatproject(theywereassumingwesendoutareleaseaftereverymeeting...?).
WithGordonoutthisweek,canyoupleasesendmesomebulletpointsaboutwhatexactly
theboardapproved/didn'tapprovere:the$53millionandnextsteps.We'dliketobe
preparedforfuturecommunicationneedsonthisproject.Thanks!
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
GordonWalker<gdwalker@utah.gov>
Re:HCDCIBOaklandPort
1message
CandacePowers<cpowers@utah.gov>
To:BethanyHyatt<bethanyhyatt@utah.gov>
Cc:KeithHeaton<kheaton@utah.gov>,GordonWalker<gdwalker@utah.gov>
Fri,Apr10,2015at10:47AM
Bethany,
IamnotintheofficeonFridaybutIcheckemail.Itisnotacertaintythatpressreleasesaresentonprojects.
ThoughtheOaklandprojectandthefundingissignificant,atthistimetherearen'tanyabsolutetalkingpointsto
produce.Thereareprocessesinreviewandinformationmaybeforthcoming.Thanks.
Candace
OnFri,Apr10,2015at9:57AM,BethanyHyatt<bethanyhyatt@utah.gov>wrote:
Candace,
GordonrequestedthatwenotsendoutthepressreleasefollowingthelastCIBmeeting.
Wehaveseenonlyonenewsstoryregardingthe$53millionOaklandproject.Thismorningwe
receivedacallfromaSevierCountyemployeeaskingifwesentoutapressreleaseforthat
project(theywereassumingwesendoutareleaseaftereverymeeting...?).
WithGordonoutthisweek,canyoupleasesendmesomebulletpointsaboutwhatexactlythe
boardapproved/didn'tapprovere:the$53millionandnextsteps.We'dliketobepreparedfor
futurecommunicationneedsonthisproject.Thanks!
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
GordonWalker<gdwalker@utah.gov>
Re:HCDCIBOaklandPort
1message
GordonWalker<gdwalker@utah.gov>
To:CandacePowers<cpowers@utah.gov>
Cc:BethanyHyatt<bethanyhyatt@utah.gov>,KeithHeaton<kheaton@utah.gov>
Sat,Apr11,2015at4:54AM
Atthistimethereisnoneedtosendoutapressreleaseregardingtheportproject.Thereagreatnumberof
looseendsthatneedtobetakencareofbeforewesendoutapressreleases.
GordonWalker
OnFri,Apr10,2015at11:47AM,CandacePowers<cpowers@utah.gov>wrote:
Bethany,
IamnotintheofficeonFridaybutIcheckemail.Itisnotacertaintythatpressreleasesaresenton
projects.
ThoughtheOaklandprojectandthefundingissignificant,atthistimetherearen'tanyabsolutetalkingpoints
toproduce.Thereareprocessesinreviewandinformationmaybeforthcoming.Thanks.
Candace
OnFri,Apr10,2015at9:57AM,BethanyHyatt<bethanyhyatt@utah.gov>wrote:
Candace,
GordonrequestedthatwenotsendoutthepressreleasefollowingthelastCIBmeeting.
Wehaveseenonlyonenewsstoryregardingthe$53millionOaklandproject.Thismorning
wereceivedacallfromaSevierCountyemployeeaskingifwesentoutapressreleasefor
thatproject(theywereassumingwesendoutareleaseaftereverymeeting...?).
WithGordonoutthisweek,canyoupleasesendmesomebulletpointsaboutwhatexactly
theboardapproved/didn'tapprovere:the$53millionandnextsteps.We'dliketobe
preparedforfuturecommunicationneedsonthisproject.Thanks!
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
GordonWalker<gdwalker@utah.gov>
Re:CIB
1message
BethanyHyatt<bethanyhyatt@utah.gov>
To:CandacePowers<cpowers@utah.gov>,GordonWalker<gdwalker@utah.gov>
Cc:NicDunn<nicdunn@utah.gov>
Wed,Apr15,2015at2:16PM
CandaceandGordon,
SeeNic'semailfromyesterdaybelow.
Basedonyesterday'sconversation,wouldyoubecomfortablewithuscommunicatingthe
followingregardingtheprojectsmentioned:
Siguard,AnnabellaandCircleville>Notfundedyet.Approved(asindicatedinCandace's
earlieremail)forpriorityfundingconsiderationattheJune11,2015,meeting.
OaklandPort>$53millionapprovedforathroughputcapacityprojectforUtah
commodities.Theprojectisunderreview.Moreinformationwillbeavailableinthe
comingmonths.
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
OnTue,Apr14,2015at3:22PM,NicDunn<nicdunn@utah.gov>wrote:
Soisitcorrectthatnothingwasformally/officiallyapprovedatthismostrecentCIBmeeting?TheRichfield
Reaperisaskingmethefollowing:
Infoon...Sigurd,AnnabellaandCirclevilleprojects,aswellasthe$53millionfivecountyinfrastructure
coalition,andanyinformationyouhaveonthenewruleandfundsetasideinfrastructurefunding.
Whatshouldwetellthem?
NicDunn
PublicInformationOfficer
UtahDepartmentofWorkforceServices
Twitter:@nicdunnutah
mobile:801.349.5961
nicdunn@utah.gov
OnMon,Apr13,2015at4:07PM,BethanyHyatt<bethanyhyatt@utah.gov>wrote:
Forwardedmessage
From:CandacePowers<cpowers@utah.gov>
Date:Mon,Apr13,2015at2:14PM
Subject:Re:CIB
To:BethanyHyatt<bethanyhyatt@utah.gov>
Cc:GordonWalker<gdwalker@utah.gov>,KeithHeaton<kheaton@utah.gov>
HiBethany,
TheCIBprovidespressreleasesafterthefundingmeetingwhenthefundingisgivenfinalapproval.
ItemswereplacedonthePriorityListbutwillnotbeapprovedforfundinguntilJune11,2015:
II.PrioritizationProjects
APPLICANT
PROJECT
M/L
GRANT
M/L
LOAN
BONUS
LOAN
TERMS
CIB
TOTAL
PROJECT
TOTAL
UintahFireSupp
SSDUintah
FireSubstation@
Maeser
239,365
239,365
523,730
Sigurd
Town
Sevier
RoadImprovements
1,099,200
1,099,200
1,149,200
Annabella
Town
Sevier
FloodProtectionand
StormWaterImp
1,096,000
470,000
30Y@
2.5%
1,566,000
1,566,000
OakCity
Town
Millard
CulinaryWater
Improvements2015
480,000
20Y@
2.5%
480,000
800,000
WayneCounty
FishCreekCove
Road
250,000
250,000
400,000
CastleDale
CityEmery
CityHall
564,000
3,930,000
4,494,000
4,841,000
FayetteTown
Sanpete
RoadProjects2015
~PhaseI
450,000
450,000
450,000
Circleville
TownPiute
CommunityMedical
Center
835,250
835,250
885,250
Circleville
TownPiute
DrainageandRoad
projectPhase1
320,000
628,640
668,640
30Y@
2.5%
Candace
OnMon,Apr13,2015at1:46PM,BethanyHyatt<bethanyhyatt@utah.gov>wrote:
TheRichfieldReaperisinquiringaboutsomeofthelocalprojectsonApril'sCIBagenda.
We'rediggingtoseeiftheyhaveanyspecificquestions(seebelow).
Woulditbepossibletoevengetjustabulletedlistofwhichprojectswereapprovedfor
thepriorityfundinglistandwhichoneswererejected?Thanks!
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
OnApr12,201510:31PM,"SandraPhillips"<reapered@richfieldreaper.com>wrote:
Wewere.
Theagendahadseverallocalprojectsonit.
Thankyou,
Sandy
OnApr11,2015,at8:48PM,NicDunn<nicdunn@utah.gov>wrote:
HiSandy,
Therehasnot.Areyoulookingforsomeinfoaboutit?
NicDunn
PublicInformationOfficer
DepartmentofWorkforceServices
801.349.5961
jobs.utah.gov
OnApr10,20156:55PM,"SandyPhillips"<reapered@richfieldreaper.com>wrote:
Nic:
DoyouknowiftherehasbeenapressreleasesentoutabouttheApril2,2015,CIB
meeting.
Thankyou,
Sandy
SandyPhillips
Editor
TheRichfieldReaper
65WestCenterStreet
Richfield,UT84701
(435)8965476,ext.321(phone)
(435)8968123(fax)
reapered@richfieldreaper.com
http://www.richfieldreaper.com
TheRichfieldReaperisonFacebook.
http://www.facebook.com/pages/RichfieldUT/TheRichfieldReaper/115016889091
GordonWalker<gdwalker@utah.gov>
Re:CIB
1message
GordonWalker<gdwalker@utah.gov>
To:BethanyHyatt<bethanyhyatt@utah.gov>
Cc:CandacePowers<cpowers@utah.gov>,NicDunn<nicdunn@utah.gov>
Wed,Apr15,2015at8:54PM
Pleaseholdonreleasinganymoreinformationonanyoftheprojectsrightnow.
Thankyou.
GordonWalker
SentfrommyiPad
OnApr15,2015,at2:16PM,BethanyHyatt<bethanyhyatt@utah.gov>wrote:
CandaceandGordon,
SeeNic'semailfromyesterdaybelow.
Basedonyesterday'sconversation,wouldyoubecomfortablewithus
communicatingthefollowingregardingtheprojectsmentioned:
Siguard,AnnabellaandCircleville>Notfundedyet.Approved(asindicated
inCandace'searlieremail)forpriorityfundingconsiderationattheJune11,
2015,meeting.
OaklandPort>$53millionapprovedforathroughputcapacityprojectfor
Utahcommodities.Theprojectisunderreview.Moreinformationwillbe
availableinthecomingmonths.
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
OnTue,Apr14,2015at3:22PM,NicDunn<nicdunn@utah.gov>wrote:
Soisitcorrectthatnothingwasformally/officiallyapprovedatthismostrecentCIBmeeting?
TheRichfieldReaperisaskingmethefollowing:
Infoon...Sigurd,AnnabellaandCirclevilleprojects,aswellasthe$53millionfivecounty
infrastructurecoalition,andanyinformationyouhaveonthenewruleandfundsetaside
infrastructurefunding.
Whatshouldwetellthem?
NicDunn
PublicInformationOfficer
UtahDepartmentofWorkforceServices
Twitter:@nicdunnutah
mobile:801.349.5961
nicdunn@utah.gov
OnMon,Apr13,2015at4:07PM,BethanyHyatt<bethanyhyatt@utah.gov>wrote:
Forwardedmessage
From:CandacePowers<cpowers@utah.gov>
Date:Mon,Apr13,2015at2:14PM
Subject:Re:CIB
To:BethanyHyatt<bethanyhyatt@utah.gov>
Cc:GordonWalker<gdwalker@utah.gov>,KeithHeaton<kheaton@utah.gov>
HiBethany,
TheCIBprovidespressreleasesafterthefundingmeetingwhenthefundingisgivenfinal
approval.
ItemswereplacedonthePriorityListbutwillnotbeapprovedforfundinguntilJune11,2015:
II.PrioritizationProjects
APPLICANT
PROJECT
M/L
GRANT
M/L
LOAN
BONUS
LOAN
TERMS
CIB
TOTAL
PROJECT
TOTAL
UintahFireSupp
SSDUintah
FireSubstation
@Maeser
239,365
239,365
523,730
Sigurd
Town
Sevier
Road
Improvements
1,099,200
1,099,200
1,149,200
Annabella
Town
Sevier
Flood
Protectionand
StormWater
Imp
1,096,000
470,000
30Y@
2.5%
1,566,000
1,566,000
OakCity
Town
Millard
CulinaryWater
Improvements
2015
480,000
20Y@
2.5%
480,000
800,000
WayneCounty
FishCreek
CoveRoad
250,000
250,000
400,000
CastleDale
City
Emery
CityHall
564,000
3,930,000
4,494,000
4,841,000
FayetteTown
Sanpete
RoadProjects
2015~Phase
I
450,000
450,000
450,000
Circleville
Town
Community
MedicalCenter
835,250
835,250
885,250
30Y@
2.5%
Piute
Circleville
Town
Piute
Drainageand
Roadproject
Phase1
320,000
628,640
668,640
Candace
OnMon,Apr13,2015at1:46PM,BethanyHyatt<bethanyhyatt@utah.gov>wrote:
TheRichfieldReaperisinquiringaboutsomeofthelocalprojectsonApril'sCIB
agenda.We'rediggingtoseeiftheyhaveanyspecificquestions(seebelow).
Woulditbepossibletoevengetjustabulletedlistofwhichprojectswere
approvedforthepriorityfundinglistandwhichoneswererejected?Thanks!
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
OnApr12,201510:31PM,"SandraPhillips"<reapered@richfieldreaper.com>wrote:
Wewere.
Theagendahadseverallocalprojectsonit.
Thankyou,
Sandy
OnApr11,2015,at8:48PM,NicDunn<nicdunn@utah.gov>wrote:
HiSandy,
Therehasnot.Areyoulookingforsomeinfoaboutit?
NicDunn
PublicInformationOfficer
DepartmentofWorkforceServices
801.349.5961
jobs.utah.gov
OnApr10,20156:55PM,"SandyPhillips"
<reapered@richfieldreaper.com>wrote:
Nic:
DoyouknowiftherehasbeenapressreleasesentoutabouttheApril2,
2015,CIBmeeting.
Thankyou,
Sandy
SandyPhillips
Editor
TheRichfieldReaper
65WestCenterStreet
Richfield,UT84701
(435)8965476,ext.321(phone)
(435)8968123(fax)
reapered@richfieldreaper.com
http://www.richfieldreaper.com
TheRichfieldReaperisonFacebook.
http://www.facebook.com/pages/RichfieldUT/TheRichfield
Reaper/115016889091
GordonWalker<gdwalker@utah.gov>
Fw:Unlikelypartners:Utahinvesting$53milliontoexportcoalthrough
OaklandportInsideBayArea
1message
Holt,Jeff<jeff.holt@bmo.com>
To:GordonWalker<gdwalker@utah.gov>
Fri,Apr24,2015at3:58PM
SentfrommyBlackBerry10smartphoneontheVerizonWireless4GLTEnetwork.
OriginalMessage
From:JimWolff<JWolff@bowieresources.com>
Sent:Friday,April24,20152:19PM
To:Holt,JeffZampol,EricHashimoto,EmilyJaePotter
Subject:FW:Unlikelypartners:Utahinvesting$53milliontoexportcoalthroughOaklandportInsideBayArea
JamesJ.Wolff
ChiefFinancialOfficer
6100DutchmansLane
9thFloor
Louisville,KY40205
P:502.855.5161
F:502.587.6579
OriginalMessage
From:OmarBenjamin
Sent:Friday,April24,20154:25PM
To:JohnSiegelJimWolff
Cc:JerryA.Bridges
Subject:Unlikelypartners:Utahinvesting$53milliontoexportcoalthroughOaklandportInsideBayArea
FYI.
http://www.insidebayarea.com/breakingnews/ci_27981684/unlikelypartnersutahinvesting53millionexportcoal
Thisemailandanyattachmentsmaycontainconfidentialandprivilegedinformation.Ifyouarenottheintended
recipient,pleasenotifythesenderimmediatelybyreturnemail,deletethisemailanddestroyanycopies.Any
disseminationoruseofthisinformationbyapersonotherthantheintendedrecipientisunauthorizedandmay
beillegal.Unlessotherwisestated,opinionsexpressedinthisemailarethoseoftheauthorandarenot
endorsedbytheauthor'semployer
GordonWalker<gdwalker@utah.gov>
OaklandPortinfosimilarnewsstories
1message
CandacePowers<cpowers@utah.gov>
To:"Walker,Gordon"<gdwalker@utah.gov>
Mon,Apr27,2015at8:26AM
http://www.contracostatimes.com/breakingnews/ci_27981684/unlikelypartnersutahinvesting53million
exportcoal
http://www.ksl.com/?nid=148&sid=34375690
http://www.sltrib.com/home/2425141155/utahcoalcaliforniahereitcomes
http://www.deseretnews.com/article/865627254/Utahinvests53millioninCaliforniaportforcoalother
exports.html?pg=all
http://www.joc.com/portnews/usports/portoakland/portoaklandprepsprojectsgainfirstcall
status_20150409.html
http://www.mercurynews.com/mytown/ci_27981682/unlikelypartnersutahinvesting53millionexportcoal
http://theyodeler.org/?p=10328
http://www.canewsfeed.com/oakland/utahinvests53millionincaliforniaportforcoalotherexports/
http://www.cargobusinessnews.com/news/042715/news2.html
Andanticoal,etc:
https://content.sierraclub.org/environmentallaw/lawsuit/2015/utahcoalsaledrawsobjectionover
environmentalimpacts
GordonWalker<gdwalker@utah.gov>
TribTalk:UtahcoaltobeexportedtoAsia?WatchLiveToday
1message
ShadWest<shadwest@utah.gov>
Tue,Apr28,2015at9:57AM
To:KeithHeaton<kheaton@utah.gov>,CandacePowers<cpowers@utah.gov>,GayleGardner
<ggardner@utah.gov>,CristineRhead<crhead@utah.gov>,GordonWalker<gdwalker@utah.gov>
FourUtahcountieswanttoinvestinanexporthubinOakland,Calif.,inordertoshipcoalandother
resourcesabroad.Proponentssayitwouldopenupnewmarketsfortheseruralcountiescriticssay
shippingcoaltodevelopingnationsisirresponsiblebothfortheglobalenvironmentandlocal
taxpayers.
OnTuesdayat12:15p.m.,Dr.LauraNelsonwiththeGovernor'sOfficeofEnergyDevelopment,
LindsayBeebeoftheSierraClubandTribuneenvironmentreporterBrianMafflyjoinJenniferNapier
Pearcetotalkabouttheexportplan.
Watchthisonlinevideochatatsltrib.com.Youcanalsojointhediscussionbysendingquestionsand
commentstothehashtag#TribTalkonTwitterandGoogle+ortexting8016098059.
ShadWest
ProgramSpecialist
CommunityImpactBoard
HousingandCommunityDevelopmentDivision
DepartmentofWorkforceServices
1385SouthStateStreet
SaltLakeCity,UT84115
801.468.0175Office
GordonWalker<gdwalker@utah.gov>
PermanentCommunityImpactBoardProject
1message
JerryOlsen<jerolsen@gmail.com>
To:gdwalker@utah.gov
Tue,May5,2015at3:21PM
HiGordon,
Iwan'tclearonthebreakdownofthemoneybeingspentontheproject.
Theoverallcostoftheprojectwas$500million,correct?
ThePermanentCommunityImpactBoardcommitted$50milliontofourdifferentUtahcounties(Sanpete,
Carbon,Emery,Sevier)topursuetheopportunity.
$200millioncamefromprivateinvestments?Havetheyalreadyspent(orplantospend)about$250millionin
Oakland?
LikeIsay,I'mnotsureaboutthemoney
Also,couldyoumakeastatementabouttheenormousjobopportunitytheprojectwillcreateforUtahns?
Bethany,
Doyouhaveanyjpeg(landscape)photosoftheproject?DoyoualsohaveoneofGordonIcoulduseforthe
story?
ThankYou!
JerryOlsen
TheBusiness&EmploymentNewsNetwork
www.bennetwork.com
8012598635
GordonWalker<gdwalker@utah.gov>
Re:PermanentCommunityImpactBoardProject
1message
GordonWalker<gdwalker@utah.gov>
To:JerryOlsen<jerolsen@gmail.com>,BethanyHyatt<bethanyhyatt@utah.gov>
Wed,May6,2015at10:52AM
The$500millionfigureiswhathasalreadybeeninvestedininfrastructurebyseveralpartiesincludingtheState
ofCaliforniaandothergovernmententities.
Theadditional$250millionisfurtherinvestmentthatisnecessarytosetupandtobuildthebulkresource
facility.Thiswouldincludesuchthingsasrailconnection,coveredstorageandloadingfacilities,producttesting
facilities,etc.Ofthe$250millionforthisfacility,thefourcountiesareproffering$50million,andthebalanceof
$200millionwillbeprovidedbyotherprivatefinanciers.The$50millionofthecountiesisleveragedextensively
tobeablebepartofthetotalbulkshippingterminal.Thesefundsarejustnowbeingputtogetherbyallofthe
participantswiththeclosebeingscheduledsometimeinthefuturewhenallpartiesarereadytoclose.
"ThisexportthroughputcapacitywillprovidetremendousopportunitiesformanysectorsofUtah'seconomy
thatwillbenefitallUtahns."
Ihavealsoattachedaphoto.
GordonWalker
OnTue,May5,2015at3:21PM,JerryOlsen<jerolsen@gmail.com>wrote:
HiGordon,
Iwan'tclearonthebreakdownofthemoneybeingspentontheproject.
Theoverallcostoftheprojectwas$500million,correct?
ThePermanentCommunityImpactBoardcommitted$50milliontofourdifferentUtahcounties(Sanpete,
Carbon,Emery,Sevier)topursuetheopportunity.
$200millioncamefromprivateinvestments?Havetheyalreadyspent(orplantospend)about$250millionin
Oakland?
LikeIsay,I'mnotsureaboutthemoney
Also,couldyoumakeastatementabouttheenormousjobopportunitytheprojectwillcreateforUtahns?
Bethany,
Doyouhaveanyjpeg(landscape)photosoftheproject?DoyoualsohaveoneofGordonIcoulduseforthe
story?
ThankYou!
JerryOlsen
TheBusiness&EmploymentNewsNetwork
www.bennetwork.com
8012598635
GordonsPicture_1.JPG
42K
GordonWalker<gdwalker@utah.gov>
Re:PermanentCommunityImpactBoardProject
1message
BethanyHyatt<bethanyhyatt@utah.gov>
To:GordonWalker<gdwalker@utah.gov>
Wed,May6,2015at10:56AM
ThanksGordon!
BETHANYHYATT|PublicInformationOfficer
UtahDepartmentofWorkforceServices
Cell:385.315.1208|Email:bethanyhyatt@utah.gov
OnWed,May6,2015at10:52AM,GordonWalker<gdwalker@utah.gov>wrote:
The$500millionfigureiswhathasalreadybeeninvestedininfrastructurebyseveralpartiesincludingthe
StateofCaliforniaandothergovernmententities.
Theadditional$250millionisfurtherinvestmentthatisnecessarytosetupandtobuildthebulkresource
facility.Thiswouldincludesuchthingsasrailconnection,coveredstorageandloadingfacilities,product
testingfacilities,etc.Ofthe$250millionforthisfacility,thefourcountiesareproffering$50million,andthe
balanceof$200millionwillbeprovidedbyotherprivatefinanciers.The$50millionofthecountiesis
leveragedextensivelytobeablebepartofthetotalbulkshippingterminal.Thesefundsarejustnowbeingput
togetherbyalloftheparticipantswiththeclosebeingscheduledsometimeinthefuturewhenallpartiesare
readytoclose.
"ThisexportthroughputcapacitywillprovidetremendousopportunitiesformanysectorsofUtah'seconomy
thatwillbenefitallUtahns."
Ihavealsoattachedaphoto.
GordonWalker
OnTue,May5,2015at3:21PM,JerryOlsen<jerolsen@gmail.com>wrote:
HiGordon,
Iwan'tclearonthebreakdownofthemoneybeingspentontheproject.
Theoverallcostoftheprojectwas$500million,correct?
ThePermanentCommunityImpactBoardcommitted$50milliontofourdifferentUtahcounties(Sanpete,
Carbon,Emery,Sevier)topursuetheopportunity.
$200millioncamefromprivateinvestments?Havetheyalreadyspent(orplantospend)about$250million
inOakland?
LikeIsay,I'mnotsureaboutthemoney
Also,couldyoumakeastatementabouttheenormousjobopportunitytheprojectwillcreateforUtahns?
Bethany,
Doyouhaveanyjpeg(landscape)photosoftheproject?DoyoualsohaveoneofGordonIcouldusefor
thestory?
ThankYou!
JerryOlsen
TheBusiness&EmploymentNewsNetwork
www.bennetwork.com
8012598635
GordonWalker<gdwalker@utah.gov>
Fwd:OaklandPortinfosimilarnewsstories
1message
GordonWalker<gdwalker@utah.gov>
To:JeffHolt<jeff.holt@bmo.com>
Wed,May6,2015at3:25PM
Justthoughtyoumightbeinterestedinthenumberofstoriesthathavebeengenerated.Andthisisjustthe
beginning.
Hopeyouarewell.
Gordon
Forwardedmessage
From:CandacePowers<cpowers@utah.gov>
Date:Mon,Apr27,2015at8:26AM
Subject:OaklandPortinfosimilarnewsstories
To:"Walker,Gordon"<gdwalker@utah.gov>
http://www.contracostatimes.com/breakingnews/ci_27981684/unlikelypartnersutahinvesting53million
exportcoal
http://www.ksl.com/?nid=148&sid=34375690
http://www.sltrib.com/home/2425141155/utahcoalcaliforniahereitcomes
http://www.deseretnews.com/article/865627254/Utahinvests53millioninCaliforniaportforcoalother
exports.html?pg=all
http://www.joc.com/portnews/usports/portoakland/portoaklandprepsprojectsgainfirstcall
status_20150409.html
http://www.mercurynews.com/mytown/ci_27981682/unlikelypartnersutahinvesting53millionexportcoal
http://theyodeler.org/?p=10328
http://www.canewsfeed.com/oakland/utahinvests53millionincaliforniaportforcoalotherexports/
http://www.cargobusinessnews.com/news/042715/news2.html
Andanticoal,etc:
https://content.sierraclub.org/environmentallaw/lawsuit/2015/utahcoalsaledrawsobjectionover
environmentalimpacts
GordonWalker<gdwalker@utah.gov>
Re:PermanentCommunityImpactBoardProject
1message
JerryOlsen<jerolsen@gmail.com>
To:GordonWalker<gdwalker@utah.gov>
Wed,May6,2015at10:53AM
ThankyouGordon!
Jerry
OnWed,May6,2015at10:52AM,GordonWalker<gdwalker@utah.gov>wrote:
The$500millionfigureiswhathasalreadybeeninvestedininfrastructurebyseveralpartiesincludingthe
StateofCaliforniaandothergovernmententities.
Theadditional$250millionisfurtherinvestmentthatisnecessarytosetupandtobuildthebulkresource
facility.Thiswouldincludesuchthingsasrailconnection,coveredstorageandloadingfacilities,product
testingfacilities,etc.Ofthe$250millionforthisfacility,thefourcountiesareproffering$50million,andthe
balanceof$200millionwillbeprovidedbyotherprivatefinanciers.The$50millionofthecountiesis
leveragedextensivelytobeablebepartofthetotalbulkshippingterminal.Thesefundsarejustnowbeingput
togetherbyalloftheparticipantswiththeclosebeingscheduledsometimeinthefuturewhenallpartiesare
readytoclose.
"ThisexportthroughputcapacitywillprovidetremendousopportunitiesformanysectorsofUtah'seconomy
thatwillbenefitallUtahns."
Ihavealsoattachedaphoto.
GordonWalker
OnTue,May5,2015at3:21PM,JerryOlsen<jerolsen@gmail.com>wrote:
HiGordon,
Iwan'tclearonthebreakdownofthemoneybeingspentontheproject.
Theoverallcostoftheprojectwas$500million,correct?
ThePermanentCommunityImpactBoardcommitted$50milliontofourdifferentUtahcounties(Sanpete,
Carbon,Emery,Sevier)topursuetheopportunity.
$200millioncamefromprivateinvestments?Havetheyalreadyspent(orplantospend)about$250million
inOakland?
LikeIsay,I'mnotsureaboutthemoney
Also,couldyoumakeastatementabouttheenormousjobopportunitytheprojectwillcreateforUtahns?
Bethany,
Doyouhaveanyjpeg(landscape)photosoftheproject?DoyoualsohaveoneofGordonIcouldusefor
thestory?
ThankYou!
JerryOlsen
TheBusiness&EmploymentNewsNetwork
www.bennetwork.com
8012598635