Sorry Gator but your memory is a lot fuzzy:) The $625,000 is part of the Coal Severance Money the state grants back to the Counties that get a % share of that Severance. Rick Newman (the County Judge) who has been involved with Brent Yonts (State Rep) from the beginning worked out a deal in a Bill sent to the Governors Office that was just passed through and sent to public records with the Sec of State and stamped. The $625,000 is important as it signifies State interest in Kentucky Fuel Associates overall. The $625,000 remains KFS's to keep (it must be used as the have used it, for development of CTL) if the State does not I repeat does not give KFA any more money. The original deal recently repeated in the 8K reminds us that FFI/NSOL have an agreement that states KFA must come up with $2,000,000 of which the $625,000 is part of. If in fact KFA gets $2M+ from the state then and only then do they have to return the $625,000 to the County of Muhlenberg. If the state passes the money remains KFA's to transfer as they have to help off-set their funding requirements to FFI/NSOL for the $2M. If KFA receives funding from other sources then they now only have to come up with the difference of the $625,000 and the $2M, I.e. $1,375.000. In any event KFA still has to come up with $2M for their deal with FFI/NSOL.
There is a lot going on here, more than meets the eye. Do your research.
