Our firm continues to work on behalf of those affected by the Tennessee Valley Authority coal ash spill in Kingston, which is about 40 miles west of Knoxville. As previously reported, in December 2008, the TVA Kingston Fossil Plant released 5.4 million cubic yards (over 1 billion gallons) of coal ash when the TVA slurry pond failed. The pond failure flooded over 300 acres with toxic sludge that is nine feet high in some areas.
It has been over 100 days since the spill and numerous details about the cleanup are still speculative, including cost, schedule and waste disposal. TVA estimates that recovery costs range from $525 million to $845 million. TVA is exploring options for paying these costs, and rate increases are likely. In addition to the uncertain cleanup costs, TVA does not have a firm estimate on how long cleanup will take or where it will send the ash and other debris generated by the dredging and other cleanup activities.
As of mid-April, TVA had paid $20 million dollars to purchase over 220 acres of land affected by the spill. Over two-thirds of these 70 parcels have houses, trailers, or other structures on them. TVA’s buyout program requires landowners to give up their right to pursue legal recourse from TVA, and it is unclear whether residents, in their desperation to leave the hazardous conditions, are getting fair deals.
In addition to the hardships that individual landowners suffer when relocating from their property, the county also is affected due to lost revenues. As property values decline due to the spill, so do the tax revenues associated with those properties. Therefore, Roane County likely will suffer from a lower tax base even though TVA has assured county officials that it will pay taxes on the property TVA purchases. As a tax-exempt entity, TVA normally is not required to pay property taxes. Diminished property values and the resulting loss in tax revenue affects all of the citizens of Roane County. Our firm is working on behalf of individuals and a class of clients in this lawsuit. Our firm is working to accomplish the following:
• Bring about a complete clean-up of the area;
• Ensure that our clients are fully compensated for the damage to their property (including their property values); and,
• Obtain long-term medical monitoring relief for area residents who have been exposed to the dangerous contaminants in TVA’s coal ash sludge.
If you need additional information on this subject, contact Rhon Jones or David Byrne in our firm at 800-898-2034 or by email at Rhon.Jones@beasleyallen.com or David.Byrne@beasleyallen.com.
Source: Knoxville News Sentinel
Contact us today for a free legal consultation with an experienced attorney.
Fields marked *may be required for submission.
If you would like to subscribe to the Jere Beasley Report digital edition, simply visit our Subscriptions page and provide the necessary information or call us at 800-898-2034.
Attorney Advertising - Prior results do not guarantee a similar outcome.