Democrat U.S. Sen. Kay Hagan’s husband Charles “Chip” Hagan violated a conflict-of-interest provision that was included as part of the original application for the Obama stimulus grant. The House and Senate adopted the American Reinvestment and Recovery Act, also known as the stimulus bill, on Feb. 13, 2009, with Kay Hagan (D) casting one of the 60 votes necessary to enact the bill in the Senate. Hagan (D) made a point, in a press release issued on the day the bill passed, of citing the stimulus bill’s “promise to change the way things work in Washington” to favor “working families” rather than “special interests.” JDC’s decision to hire Solardyne/Green State Power, a separate company co-owned by Chip Hagan and the Hagans’ son Tilden, to install a portion of the stimulus-funded energy project at the JDC building violates a conflict-of-interest provision that was included as part of the original application for the stimulus grant. In August 2010 JDC, owned by Chip and his brothers John and David, sought a $250,644 federal stimulus grant to replace light fixtures and gas furnaces and install rooftop solar panels at a 300,000-square-foot building it owns in Reidsville.The occupant of the building is Plastic Revolutions, a recycling company also owned by the Hagan family. In the grant application, JDC claimed that the building’s lighting and heating systems were outdated and that current energy costs “have prevented the tenant from growing their business as desired due to the energy operating costs.” “These combined changes will save Plastic Revolutions $100,000 in annual energy costs, offset 2 million pounds of [carbon-dioxide emissions], and generate enough electricity to power six homes,” the application stated. Also, JDC Manufacturing, a company co-owned by Democrat U.S. Sen. Kay Hagan’s husband Charles “Chip” Hagan violated a conflict-of-interest provision that was included as part of the original application for the Obama stimulus grant. lowered the total cost of a 2010 stimulus-funded energy project but kept all of the savings, sending none back to taxpayers who had funded the stimulus grant. By reducing its spending on the project by $114,519, JDC contributed only $73,464 — or 23 percent of the total project cost, instead of the 43 percent contribution it offered in the original grant application. Though the cost of the project dropped, CDC still received the entire $250,644 in federal grant money. carolinajournal/exclusives/display_exclusive.html?id=11459\
Posted on: Wed, 15 Oct 2014 15:27:10 +0000
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