First Payment Made to Rockport by AEP To Fund Infrastructure Improvements

ROCKPORT, Ind., November 5, 1998 -- AEP’s David Synowiec today presented Rockport Mayor Joe Greene with a check for $200,000 making the first payment on the company’s long term commitment to help the city of Rockport fund infrastructure improvements. AEP has agreed to pay the city up to $5.5 million over the next 20 years. "We’re under considerable pressure to improve the capacity of both our water and wastewater facilities," said Rockport Mayor Joe Greene, who outlined the city’s needs and laid out a plan for meeting those needs at a joint news conference in the city’s town hall today. "Two studies completed this summer point to the seriousness of the issue, and warn us that we risk exceeding the capacity of both facilities in the very near future. "But Rockport needs to grow in order to thrive," said the mayor, "and that means expanding the infrastructure to make that possible." The mayor pointed to a couple of development projects as examples of possible growth. "The Lincolnland Development Project to our north and the Steelport development to our west are the kinds of projects that we need to create new jobs for residents of both the city and the county. But we need to be prepared to offer them water and wastewater services. Right now, we’re just not able to do that." The total cost of infrastructure improvements could fall into the $10-15 million range, depending on environmental rules, options the city decides to endorse, and how refined the required system would need to be. The first step in the process is to fund a preliminary engineering report that could help define the problem, suggest possible solutions, and secure financial assistance from the state. The check presented today by AEP will help pay for that report. "It became clear that we needed help from the industrial sector to fund improvements," said the mayor. "We can’t ask residential taxpayers to support commercial and industrial growth." In an effort to raise funds for those improvements, the city first attempted to annex the AEP plant north of the city. When AEP objected to that, the two parties sat down and worked out an agreement that provides support to the city without annexation. Payments will be made into a capital fund for the city to pay for major infrastructure improvements on a 20-year schedule as follows: $200,000 for the first five years, $250,000 for the following five years, $300,000 for an additional five years, and $350,000 for the final five years. After the first 10 years, either party has the option of extending the contract for another 10-year period, and if new generating units are added at the plant, the annual payment will be increased by a predetermined formula. Because the city has critical infrastructure needs that must be addressed immediately, the payment schedule has been stepped up in the early years of the agreement. This first payment of $200,000 is being made today, less than a week after the agreement was approved by Spencer Circuit Court. The second payment will be paid on January 1, 1999. Starting in the year 2000, all payments will be paid on November 1 of the year they are due. "The accelerated payment schedule is crucial in resolving Rockport’s infrastructure issues in a timely way," said Rockport Plant Manager Synowiec. "It avoids the traditional taxation process -- which could take years to resolve -- and puts money in the city’s pocket immediately so it can start work right away on the projects that need attention." "This agreement provides the city with much needed capital for infrastructure improvements and gives the plant an equitable tax structure," said the mayor. "It’s a win-win agreement, and another example of our ongoing partnership with AEP to improve our community."

For More Information, Contact: Joe Greene Rockport Mayor (812) 649-2242 Mike Brian AEP State Corporate Communications Manager (219) 425-2137

More From APCO

Take Charge

Save Money & Energy - Now & Later

Sign Up Now Pay Online for Free with Paperless Billing

Pay Online for Free with Paperless Billing

Learn more

Download our app

How We Restore Power Learn more

How We Restore Power

Visit AEP.com
Use of this site constitutes acceptance of the AEP Terms and Conditions. View our Privacy Policy. © 1996-2019 American Electric Power. All Rights Reserved.

Privacy Policy

Privacy Policy for Appalachian Power, a unit of American Electric Power (AEP)


This Privacy Policy applies only to AppalachianPower.com and the Appalachian Power customer mobile app (com.aep.customerapp.apco). Other AEP websites and apps may be governed by their own privacy policies, appropriate to the uses and needs of each. Throughout the site or app, we may provide links to resources and sites that are not part of AppalachianPower.com or the Appalachian Power customer mobile app. This Privacy Policy does not apply to those resources and sites.


By using this site or app, you consent to the terms of this Privacy Policy. Whenever you submit information via this site or app, you agree to the collection, use, and disclosure of that information in accordance with this Privacy Policy.

Information Collected

  1. Passively collected information

    During your use of this site or app, we may collect anonymous information about your visit here through the use of server logs, cookies, scripts, tracking pixels and other Web traffic tracking systems. This information is aggregated and used to improve user experience through analysis of user activities. This information is never combined with any of the personally identifiable information you may provide in your use of the features of this site or app.
  2. Personally identifiable information

    On certain forms of this site or app, you may be asked to provide information about yourself or your account with us, either to identify yourself to us or to request a service from us. In each case, we will inform you what information is provided at your option and what information is required to complete the transaction or activity you are engaged in. If you are unwilling to provide this required information, you will be unable to complete the requested transaction.

Use and disclosure of information

The information you provide to us will be used to respond to requests you may make for services. Some or all of this information may be added to your permanent account record and may be used for research purposes.

In addition, we may use elements of this information in the following situations:

  1. We may transfer the information to Appalachian Power’s affiliates and subsidiaries, unless such transfer is prohibited by law;
  2. We may transfer the information as part of a merger, consolidation, acquisition, divestiture or other corporate restructuring (including bankruptcy);
  3. We may make the information available to third parties who are providing the product, service or information that you have requested (but not your password);
  4. We may make such information available to third parties who are providing services to Appalachian Power (for example, providing the information to third parties performing computer-related services for Appalachian Power);
  5. We may use the information to communicate with you about products and services that may be of interest to you.
  6. We may disclose the information if we form a good-faith belief that disclosure of such information is necessary to investigate, prevent, or take action regarding any illegal activities or regarding interference with the operation of our site or violation of its terms of use; or
  7. We may disclose the information if we believe that disclosure is required by law or regulation or in response to a subpoena or other order of a court or other governmental agency.

Appalachian Power uses Flurry Analytics Service (provided by Yahoo) in order to improve its mobile apps. Flurry’s privacy policy governs the use of this information.

Also, Appalachian Power reserves the right to share any aggregated information (i.e., non-personally identifiable information) with any third parties for any reason, unless prohibited by law.

We will not sell, rent or otherwise disclose the information we gather about you or your account to any third party, except as outlined in this Privacy Policy.


Appalachian Power takes reasonable steps to protect your personally identifiable information as it is transferred to us, through the use of Web technologies such as the Secure Sockets Layer and others. However, no Internet transmission of information is ever completely secure or error-free. In particular, e-mail sent to or from Appalachian Power may not be secure.

How to Reach Us

If you would like to update your personally identifiable information or if you have questions about this privacy policy, please contact us.

Changes to This Policy

Appalachian Power reserves the right to change this Privacy Policy at any time. If this Privacy Policy changes, the revised policy will be posted to this site. Please review this Privacy Policy before you provide any personally identifiable information through this site. Use of our web site after the posting of a revised privacy policy constitutes your consent to the revised policy.

This policy was last revised on December 13, 2017.

Close ×

Sign Up For Alerts

Subscribing to APCO alerts gives you instant notification for:

  • Billing & Payments - avoid late payments and disconnection
  • Outage Updates - find out if there's an outage at your address and when power will be back on

Win an Xbox One with Alerts!

Enroll in alerts to be eligible to win. Subscribing to I&M alerts gives you instant notification for:

  • Billing & Payments - avoid late payments and disconnection
  • Outage Updates - find out if there's an outage at your address and when power will be back on

Loading video...