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Lincoln pairs with Logan County for a enterprise zone expansion

The Lincoln City Council has joined Logan County in approving an enterprise zone expansion to extend sale tax benefits to a proposed wind farm. The council voted Monday in favor of adding a 3-foot-wide strip of land from the current zone in Lincoln to the turbine locations near Hartsburg and Emden. The three-foot strip is needed to keep the enterprise zone contiguous. Texas-based Horizon Wind Energy is planning to construct 29 wind turbine towers in Eminence Township in northern Logan County. If the area is in an enterprise zone, the developers will would not have to pay sales tax on millions of dollars worth of materials related to the project.

The Lincoln City Council has joined Logan County in approving an enterprise zone expansion to extend sale tax benefits to a proposed wind farm.

The council voted Monday in favor of adding a 3-foot-wide strip of land from the current zone in Lincoln to the turbine locations near Hartsburg and Emden. The three-foot strip is needed to keep the enterprise zone contiguous.

Texas-based Horizon Wind Energy is planning to construct 29 wind turbine towers in Eminence Township in northern Logan County. If the area is in an enterprise zone, the developers will would not have to pay sales tax on millions of dollars worth of materials related to the project.

"Horizon is not looking for property tax abatements," attorney Heather Harper told city officials. "But what we are requesting is an abatement on the sales tax for the items needed to construct the towers."

Last week, the Logan County Board formally approved the extension to include 29 parcels of land leased by Horizon for tower sites.

The change in the Lincoln-Logan County Enterprise Zone still must be approved the village of Elkhart, the Sangamon County Board and the state of Illinois. The zone was extended in 2005 into... more [truncated due to possible copyright]  

The Lincoln City Council has joined Logan County in approving an enterprise zone expansion to extend sale tax benefits to a proposed wind farm.

The council voted Monday in favor of adding a 3-foot-wide strip of land from the current zone in Lincoln to the turbine locations near Hartsburg and Emden. The three-foot strip is needed to keep the enterprise zone contiguous.

Texas-based Horizon Wind Energy is planning to construct 29 wind turbine towers in Eminence Township in northern Logan County. If the area is in an enterprise zone, the developers will would not have to pay sales tax on millions of dollars worth of materials related to the project.

"Horizon is not looking for property tax abatements," attorney Heather Harper told city officials. "But what we are requesting is an abatement on the sales tax for the items needed to construct the towers."

Last week, the Logan County Board formally approved the extension to include 29 parcels of land leased by Horizon for tower sites.

The change in the Lincoln-Logan County Enterprise Zone still must be approved the village of Elkhart, the Sangamon County Board and the state of Illinois. The zone was extended in 2005 into Sangamon County to help rebuild the Formosa Plastics Corp. plant near Illiopolis after an explosion in 2004.

The sales tax abatement would save the company money, but it wouldn't affect the city of Lincoln because the items needed aren't available from Lincoln businesses, Harper said.

"What we are most concerned with is the purchase of the blades, which aren't available in Logan County," Harper said.

Horizon officials plan to begin purchasing materials in June.

The city also will benefit from a $5,000 annual fee that was added to the expansion amendment.

City attorney William Bates had said the $5,000 payment would not be required if construction doesn't begin within 36 months. At that time, the property would be removed from the enterprise zone, he said.

Gutter ordinance OK'd

In other business, the council approved an ordinance raising fines for residents who fail to keep city gutters clean.

Fines now will range from $50 to $400 for anyone found in violation of the ordinance. It states that any person owning any lot or parcel of land adjoining any public or private alley must keep gutters clean.


Source: http://www.pantagraph.com/a...

APR 22 2008
http://www.windaction.org/posts/14573-lincoln-pairs-with-logan-county-for-a-enterprise-zone-expansion
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