Morro Bay City Council approves agreement with Vistra on future of old power plant site

APPROVED.###A FOLLOW UP NOW IN MORROBAY---THE CITY IS MOVING FORWARDWITH THE DECISION TODEMOLISH THE OLD POWERPLANT.THE CITY COUNCIL UNANIMOUSLYAPPROVED THE AGREEMENT WITHVISTRA CORPORATIONS ONWEDNESDAY.IT REQUIRES VISTRA TODEMOLISH THE OLD POWER PLANTBY2028 OR PAY THE CITY $3MILLIONDOLLARS.IT ALSO OPENS UP THEOPPORTUNITY FOR THE ENERGYCOMPANY TO POTENTIALLYREDEVELOP THE SITE INTO ABATTERY STORAGE FACILITY.THE AGREEMENT INCLUDESWHETHER THE LANDMARK THREEEXHAUST STACKS SHOULD REMAININ PLACE OR BE DEMOLISHED.THE CITY MUST NOTIFY VISTRABY THE END OF 2022 IF THESTACKS SHOULD BE PRESERVED.YOU CAN LEARN MORE ABOUT THEDECISION BY VISITINGKSBY.COM.