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Wednesday, March 12, 2014

Acciona Suing the City of Westbranch

Acciona Windpower suing for breaching of 2008 tax increment development agreement

West Branch City Administrator Matt Muckler, in his April 16, 2013, letter to Acciona, contended the company failed to maintain 110 full-time jobs and continue payment of a median wage for 95 employees. Acciona was ordered to bring its workforce up to 110 employees by May 17, 2013, or the agreement would be cancelled. On May 20, 2013, the City of West Branch passed a resolution cancelling the agreement.

Acciona Windpower North America is suing  the City of West Branch for breaching a tax increment development agreement requiring the payment of annual tax rebates to the wind turbine manufacturer.
The lawsuit, filed Friday in U.S. District Court in Cedar Rapids, claims West Branch City Administrator Matt Muckler notified Acciona CEO Joe Baker on April 16 that the city planned to cancel the Jan. 3, 2008, agreement for noncompliance. Continue...

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