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Noon news headlines for August 10, 2012
JobsOhio wants funds released; GOP seeks LaTourette replacement; FirstEnergy offering 7-year electric contract

In The Region:
  • JobsOhio wants funds released
  • GOP seeks LaTourette replacement
  • FirstEnergy offering 7-year electric contract
  • JobsOhio wants funds released
    Ohio's new private job creation board is asking the Ohio Supreme Court to force the state to provide funding that's been delayed by a lawsuit.

    The budget and commerce departments agreed to transfer the rights to the state's liquor business to JobsOhio for the next 25 years in a deal worth $1.4 billion.

    JobsOhio filed a complaint Friday asking the high court to compel the commerce director to move forward with the agreement.

    The process has been delayed by a lawsuit by a liberal group and two Democratic lawmakers challenging whether turning public money over to a private entity is constitutional. A judge dismissed the challenge. A state appeals court upheld the decision.

    The commerce director says he can't move forward until the high court addresses the legal challenge.

    GOP seeks LaTourette replacement
    Republicans in Ohio's 14th Congressional District are convening to select a new candidate for the November election following longtime U.S. Rep. Steven LaTourette's announcement that he will retire.

    An executive committee is scheduled to meet today in Willoughby Hills near Cleveland to select a candidate for the ballot, and officials expect to make a selection before Monday.
    Geauga County Prosecutor David Joyce and former State Rep. Matt Dolan are considered frontrunners for the post.  

    The Democratic nominee is perennial candidate Dale Virgil Blanchard.

    LaTourette announced last month he wouldn't seek re-election. The Republican cited frustration over political gridlock in Washington for his decision.

    FirstEnergy offering 7-year electric contract
    Northeast Ohio households may soon be able to lock in their electric rate for the next 7 years with Akron-based FirstEnergy.

    Customers served by the non-profit Northeast Ohio Public Energy Council will get an offer for the fixed-price rate of 6.75 cents a kilowatt hour, which is about 50 to 67 dollars a month for the average household.

    Other companies are offering fixed-price contracts at lower prices, but only for up to 24 months.  The competing offers are listed on the Public Utilities Commission of Ohio's website, Electric Apples to Apples.
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