The Lamar Democrat, in an article written by Editor Rayma Bekebrock Davis, reports in today's edition that the company is asking to be allowed to go the next six months without paying its utility bills to the city of Lamar. After that, they said, they would pay it back over an extended period of time.
Based on O'Sullivan's normal power usage, the city would be out $1.2 million.
According to (Lamar City Administrator Lynn) Calton, he and council members were invited to the plant on Monday to meet the new CEO, Jim Malone, and to tour the plant and have lunch. They were certainly surprised to hear the request concerning the utilities. Calton says the city council has made no response to the request but has discussed the situation and will make a decision soon. He says, “I don’t see any way what they requested can be done.”
I'm sure there are a lot of people with financial problems who would love to go six months without paying their utility bills and then be allowed to repay them at their own leisure. It's only the million-dollar CEOs who have the gall to ask.