North Carolina Power Cooperative Eligible For $1.6 Million
Release Date: February 21, 2003
Release Number: R4-03-23
Raleigh, NC -- The Federal Emergency Management Agency (FEMA) announced today that it will provide the Randolph Electric Membership Corporation $1,613,342 in federal funds to help cover the cost of restoration of the electrical utility system damages from the ice storm that struck portions of the state in early December.
The cooperative, which serves customers in four counties - Chatham, Moore, Montgomery and Randolph - suffered widespread damage to its system.
FEMA will pay 75 percent, or $1,613,342 of the single project's $2,151,122 cost, with the remaining 25 percent funded by the State of North Carolina.
"Ensuring that vital community services are restored as quickly as possible is part of our continuing commitment to help North Carolina on the road to recovery," said FEMA Director Joe M. Allbaugh.
An additional $176,071 in federal funds has been approved for two other Randolph EMC projects to cover eligible costs for debris removal and emergency protective measures. The state will also cover the remaining 25 percent for these projects.
The funds are made available under the FEMA Public Assistance program to the 43 counties that were declared disaster areas by President Bush. Under the program, which is administered by the State of North Carolina, eligible disaster-related costs are reimbursed to government and certain non-profit units providing essential government-like services in the area of emergency protective measures, debris removal, and restoration of public facilities.
In addition to the Randolph Electric Membership Corporation, nearly 300 other applications for reimbursement have been submitted to FEMA.
Last Modified: Monday, 14-Apr-2003 09:25:09