Earthworks is finally moving forward with it the Cortina project, this press release brought a nice move today.
regards
Dick
Earthworks, Cortina, Colusa to settle issues
2004-02-03 13:14 ET - News Release
Mr. David Atkinson reports
EARTHWORKS ACHIEVES MAJOR MILESTONE WITH RESPECT TO ADVANCEMENT OF CALIFORNIA WASTE HANDLING PROJECT
In furtherance of the development of plans for its Colusa county, California, waste management project, a preliminary agreement has been signed between Earthworks Industries' wholly owned subsidiary, Cortina Integrated Waste Management Inc. (CIWM), the Cortina Indian Band and Colusa County. The agreement establishes a framework for co-operation with the county and recites the approval by the U.S. Bureau of Indian Affairs of the lease granted by the band to CIWM of the land on which the project is to be built.
The agreement provides that the county, the band and CIWM will proceed with the negotiation of a further agreement to settle all outstanding issues. It also requires the company to finance a review, which will conform with the California Environmental Quality Act, of off-site environmental effects relating to the roadway intersections and improvements that may be required as a result of the truck traffic that the project will generate. The review will be done within the framework of CIWM's project development schedule. The agreement acknowledges that when the further agreement is successfully negotiated and signed the county's court litigation -- which was started and then stayed -- will be formally terminated.
David Atkinson, president and chief executive officer, stated, "The company has achieved a major milestone in the advancement of the project and looks forward to a mutually beneficial relationship between CIWM, the Cortina band and the county." |
