News
Commissioners to vote on tax breaks for Passadumkeag Mountain wind site
If the commissioners didn't opt for a TIF, Stumpfel explained recently, more than half of the approximately $13 million in taxes it is expected to generate would go to the state, presumably for distribution statewide, instead of staying within the unorganized territories for reinvestment there by the commission or the developer.
July 23, 2012
by Nick Sambides Jr.
in Bangor Daily News
BANGOR, Maine - The Penobscot County Board of Commissioners is scheduled to decide on Tuesday whether to give significant tax breaks to a 14-turbine industrial wind site proposed for Passadumkeag Mountain.
The meeting will start at 9 a.m. with an executive session involving Penobscot County Sheriff Glenn Ross. The wind site deliberations are due to begin at 10 a.m., according to the meeting's agenda.
Called Passadumkeag Wind Park and proposed by Quantum Utility Generation, an alternative energy company based in Houston, Texas, the site's turbines would be 459 feet from base to extended blade tip. Each... [continue via Web link]
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