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Antrim wind deal to be reassessed
Until Eolian submits its plan, the actual value is unknown, said Brian R. Beihl, an Antrim resident who was named a intervener in the case by the evaluation committee.
"The town could end up holding an empty bag at the end of this if the calculations the selectmen are making ends up being wrong," he said. "That's a big question mark."
December 3, 2011
by Abby Spegman
in Keene Sentinel
Payment plan in Antrim may be insufficient, selectmen say
ANTRIM - Selectmen are reconsidering a payment deal with a wind energy company after officials learned its development may end up costing the town more in taxes.
Antrim selectmen held a public hearing Wednesday evening on a deal between the town and Antrim Wind Energy, a subsidiary of Portsmouth-based Eolian Renewable Energy, for payment in lieu of taxes.
Eolian has proposed installing 10 turbines on Tuttle Hill. While the land would be leased and taxes would still be collected on it, the turbines and other equipment would not be taxed, Town Administrator... [continue via Web link]
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Tax Breaks & Subsidies
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New Hampshire
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