Burke County, Georgia Development Authority (Specimen Set of 2 Pieces)

Burke County, Georgia Development Authority (Specimen Set of 2 Pieces)
Item# 4060burke

Burke County is an original county of Georgia, created February 5, 1777. During the American Civil War, the county provided the Poythress Volunteers and the Grubb's Hussars. These were both a part of Cobb's Legion. Burke County is located in the the Central Savannah River Area and is part of the Augusta metropolitan area. The county seat is Waynesboro.

These pieces were issued to help fund the Georgia Power Company Plant Vogtle Project (a pollution control initiative). The Alvin W. Vogtle Electric Generating Plant, also known as Plant Vogtle, is a 2-unit nuclear power plant and was named after the Birmingham, Alabama-born war hero and, Alabama Power and Southern Company board chairman, Alvin Vogtle.

Each unit has a Westinghouse pressurized water reactor (PWR), with a General Electric turbine and electric generator. Units 1 and 2 were completed in 1987 and 1989, respectively. Each of Vogtle's units is capable of producing approximately 1,200 MW of electricity when online, for a combined capacity of 2,400 MW. Southern Nuclear lists the capacity as 1,215 MW each, for a combined output of 2,430 MW.

The twin cooling towers are 548 ft tall. During Vogtle's construction, costs skyrocketed from an estimated $660 million to $8.87 billion. This was typical of the time due to increased regulations after the Three Mile Island accident.

Certificate: Pollution Control Revenue Bonds (Set of 2), specimens, late 1900’s

Printer: American Bank Note Company

Dimensions: 8” (h) x 12” (w)

State: GA-Georgia

Subject Matter: Utility Companies | Electric Companies | Nuclear and Related | Government Bonds | Specimen Pieces

Vignette Topic(s): Eagle Featured

Condition: No fold lines, punch hole cancels in signature areas and body, very crisp.

All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive.