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Tompkins opts out of renewable-energy incentives
The Tompkins County Legislature opted out of state incentives for increases in property value due to installations of renewable energy systems.
The law is a move to establish taxation methods for a planned large wind farm. If the exemption were still in place, the county would have no way to tax the wind farm once construction began.
May 15, 2012
by Andrew Casler
in Ithaca Journal
ITHACA -- The Tompkins County Legislature opted out of state incentives for increases in property value due to installations of renewable energy systems.
The law is a move to establish taxation methods for a planned large wind farm. If the exemption were still in place, the county would have no way to tax the wind farm once construction began.
The resolution on the matter passed Tuesday with a 10-4 vote, with legislators Carol Chock, D-City of Ithaca, Dooley Kiefer, D-Lansing, Pamela Mackesey, D-Town and City of Ithaca, and Frank Proto, R-Caroline, voting against. Legislator Nathan Shinagawa, D-City of Ithaca, was absent.
Kiefer explained... [continue via Web link]
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