Opponents of Ameren Illinois’ $90 million rate increase request are gearing up for a hard fight.
The Citizens Utility Board (CUB) and the AARP held a series of press conferences today to explain why they want state regulators to reject the proposal. Ameren Illinois is asking for an exorbitant “return on equity,” which is the allowed profit rate for shareholders, according to CUB senior policy analyst Bryan McDaniel.
Map of the North Riverfront Business Corridor. Exhibit 1, locater map, from the St. Louis Development Corporation's (SLDC) “Request for Qualifications (RFQ) for Consultants for the Port/North Riverfront Land-Use Study."
Credit (SLDC RFQ, July 9, 2010)
North Riverfront Business Corridor aerial photo. Looking north: Municipal River Terminal on lower right, Produce Row in center, I-70 on left, Tri-/City Port on upper right. Exhibit 2 from the SLDC RFQ.
The engineering firm HNTB has been studying the 3,000-acre area for the city, to figure out what’s needed to turn it into a freight transportation hub. The city also wants to attract new businesses and jobs.
The federal Securities and Exchange Commission has charged a St. Louis brokerage firm and a former executive with defrauding five Wisconsin school districts by selling them risky investments funded mainly with borrowed money.
The SEC complaint against Stifel, Nicolaus & Co. and former Senior Vice President David Noack was filed in federal court in Milwaukee Wednesday.