I lived on Lake Placid from 2005-2009. I loved that place, and my back yard. Two or three lots on either side of me were weekend owners, so it was like my own private nature/water preserve. I mourned from the time we moved back into town until the day I heard about these dams and the lack of funds to repair them. Now I'm finally glad I got out while the getting was good. I had no idea the electricity from the dams didn't cover their upkeep. I feel for the buyers of my old house and my old neighbors, but I can't see why anyone else (non-lakefront owners) should be responsible for repairing the dams so the lakefront owners can enjoy their lake again. Really a raw deal for them!
If the hydro power hasn't been profitable for years or decades, the GBRA really is guilty of malfeasance for not at least attempting to come up with some other revenue model. They couldn't have thought those dams would magically last forever, could they?!!!
If the hydro power hasn't been profitable for years or decades, the GBRA really is guilty of malfeasance for not at least attempting to come up with some other revenue model. They couldn't have thought those dams would magically last forever, could they?!!!