BP's Tatics in Cape Vincent Ny

Sunday, November 15, 2015

Lewis County modifies their budget due to uncertainty over Maple Ridge PILOT


Welcome to the real world of wind.

Within days of the announcement that the Madison County Wind farm cannot pay their fair share of taxes when their PILOT agreement expires. Lewis county has submitted a tentative budget for Legislative review that is tailored to offset anticipated losses over the expiration of the Maple ridge wind PILOT.(link)

In light the uncertainty as to whether or not a wind developer will honor their agreements, any municipal authority would be nuts to even consider entering into a PILOT agreement with a wind developer.




 

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