10-29-2020 Palisades Power Plant returns to service after final refueling & maintenance outage

THIS KUTE KID IS… Eliana Mae at 14 months old, the daughter of Chad & Kim Kostrzewa of Hartford. She loves dancing to music, watching her angry birds and minions! Eliana’s siblings are Brendan Nelson (22), Austin Nelson (21), Megan Nelson (18) and Katelynn Kostrzewa (11). Her grandparents are Wayne Winans and Debbie & Rich Swigart (Hartford), Ronnie Prill (Midland MI), and Mark Kostrzewa & Darcy Kostrzewa (Novi MI). Great-grandparents of little Eliana are Larry Anchor of Hartford and Shirley Baumer of Midland.

Palisades Power Plant returns to service after final refueling & maintenance outage

Entergy invests tens of millions of dollars into plant’s safe, secure, reliable operation Entergy’s Palisades Power Plant returned to service Wednesday, Oct. 21 following the successful completion of its final refueling and maintenance outage, sending electricity to the grid after a scheduled shutdown that began August 30. In 2017, Entergy announced that Palisades would close in the spring of 2022. “Our dedicated employees and supplemental workers have worked diligently during the past several weeks to complete hundreds of tasks, inspections, and upgrades to prepare Palisades for safe and reliable operations as we enter our final cycle of electrical generation,” said Darrell Corbin, Site Vice President and Entergy’s top official at Palisades. “Entergy’s focus remains on operating Palisades safely and reliably and we will continue to make the necessary investments into the plant.” Entergy invested more than $86.5 million during the outage to ensure safety, security, and reliability at the facility through plant closure. The plant’s 600 full-time nuclear professionals worked with approximately 800 skilled supplemental workers to replace fuel in the reactor, as well as inspect and upgrade hundreds of pipes, pumps, electrical components, and other equipment. Entergy remains committed to the safe, secure, and reliable operation of Palisades until the plant’s permanent shutdown in the spring of 2022. Entergy continues to move forward with its plans for a post shutdown sale of Palisades to a subsidiary of the U.S.-based company Holtec International for purposes of accelerated decommissioning. The planned transaction is subject to conditions of closing, including approval from the Nuclear Regulatory Commission. Entergy takes the health, safety and security of its employees, customers, communities, business partners, and facilities seriously. For this reason, Palisades took preventative measures necessary to keep employees, visiting outage contractors, and our community safe amidst the COVID-19 pandemic. In addition to a robust and successful on-site COVID mitigation plan, the company’s efforts included paying for supplemental workers to stay in individual local hotel rooms, as well as purchasing daily meals to be delivered from area restaurants, all in order to further promote off-site social distancing. This mitigation effort alone amounted to Entergy spending more than $4.3 million in the local community, providing an added economic boost to the region. Meals that workers did not consume were donated to a local food bank.

Watervliet Public Schools Events Friday, October 30 MS & HS, End of 1st Marking Period; South School Classroom Parties – appropriate costumes allowed; North School Classroom Parties – costumes allowed during parties

Saturday, October 31 TBA Cross Country Regional Meet at Portage; Varsity Football District Tournament Game at Constantine, 1:00 p.m.

Monday, November 2 WHS hosts Volleyball District Tournament – Brandywine vs. Hartford, 5:30 p.m.

Wednesday, November 4 WHS hosts Volleyball District Tournament: Cassopolis vs. Brandywine or Hartford, 5:30 p.m. & Bridgman vs. Watervliet, 7:00 p.m.

Thursday, November 5 WHS hosts District Volleyball Final, 6:00 p.m.

Saturday, November 7 Cross Country State Finals Meet at Michigan International Speedway in Brooklyn, MI

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HARTFORD HIGH SCHOOL… Students of the Week for Oct. 12 – 16, 2020 are: (top left) 9th Grade – Caiden Smith, student of Anna Delarosa; (top right) 10th Grade – Jose Perez-Zamarron, student of Dagoberto & Ruth Perez; (bottom left) 11th Grade – Mackenzie Burfield, student of Nicki Burfield; (bottom right) 12th Grade – Zoe Eide, student of Cynthia Conley. Congratulations to these “Students of the Week” and keep up the great work!

What should investors know about the election? The upcoming election is, of course, big news. But there’s more than one way to look at it. As a citizen and voter, you have your own preferences about the issues and the candidates. But as an investor, should you be rooting for any particular outcome? You might be surprised at how a major event can have such a minor impact on your long-term investment success. To understand why, consider the following four factors: Election results don’t determine the market’s success. A few different configurations can result from an election. One party could win the presidency, while the other could gain both chambers of Congress. Or one party could take the White House, but the two parties could split Congress, with one controlling the House of Representatives and the other gaining the Senate. Or one party could win it all. But here’s the key point: In the past, under all these scenarios, the financial markets have done well at some times and not so well at others. In short, there’s no one “right” political configuration that spells success or failure for investors. Different policies won’t change our basic investment landscape. Of course, each presidential administration will push for its own policies, and the same is true for every new Congress. And some legislation will indeed affect investors in some ways. For example, tax rates on capital gains and dividends have changed many times in the past, and they may well change again. If they do, adjustments to your investment strategy may be appropriate. But in the bigger picture, we live in a democratic system that mostly limits the power of one administration or political party to radically overhaul the economy, which is primarily made up of consumer spending and business investment. For investors, this means the rules of the game, so to speak, will probably remain consistent no matter who’s in charge in Washington. Market fundamentals are “non-partisan.” Obviously, the pandemic has wreaked havoc on normalcy in many areas, including the economy. But, eventually, we will get past COVID-19, and when we do, the same fundamental factors that have always driven the economy and the markets – corporate profits, interest rates, consumer spending, innovation, productivity and so on – will do so again. And these fundamentals are non-partisan – they maintain their strength no matter what party controls the presidency or Congress. You’re in control of your own investment choices. We may well experience some volatility in the markets before and after the election. But, in the long run you, rather than any external forces or election results, control your investment success. And that means you need to follow proven investment principles, such as owning investments that reflect your goals and risk tolerance, staying invested no matter which direction the markets are moving, and avoiding bad habits such as chasing after “hot” stocks that may not be suitable for your needs. A presidential election is important for a number of reasons – but it probably won’t greatly affect your investment success. Ultimately, staying on track to achieve what’s most important to you means being aware of the factors that affect the financial markets, putting them in perspective and then making appropriate decisions that are aligned with your longer-term goals. This article was written by Edward Jones for use by your local Edward Jones Financial Advisor. Edward Jones, Member SIPC