Articles filed under Taxes & Subsidies from New York

Wind farm still hasn't paid PILOT

Nearly a month after the Maple Ridge Wind Farm regained Empire Zone certification, local taxing jurisdictions are still awaiting the balance of last year's annual payment. And the municipalities plan to resume legal action against Flat Rock Windpower, the company under which Maple Ridge was developed, if the $6.7 million isn't released soon.
28 Apr 2010

Wind PILOT; JCIDA uniform policy overdue

Nearly two years have elapsed since the Jefferson County Industrial Development Agency was asked to draft a uniform tax-exempt policy for wind power developments. Where is it? Talks are on hold, according to Donald C. Alexander, JCIDA's chief executive officer. Wind PILOT; JCIDA uniform policy overdue
5 Apr 2010

Wind farm recertified for EZ

It was a very Good Friday for Maple Ridge Wind Farm municipalities. The wind farm and three other north country companies - HCA Genesis Inc. in Watertown, Lewis Lanes in Lowville and M&W Foods Inc. in Potsdam - on Friday morning were recertified into the Empire Zone program.
3 Apr 2010

Attorneys paid big bucks for PILOT

By October, the Jefferson County Industrial Development Agency had paid its consultants about $38,000 to develop a model property tax exemption policy for wind power developments. But the big money paid to JCIDA attorneys came after Oct. 6, and that number will remain secret because it has been paid by the company bringing Galloo Island Wind Farm to Jefferson County.
14 Mar 2010

A dose of raw hypocrisy

Just about everyone else who has had cash carried by wind project developers rubbed under their nose, the county Legislature can't resist the bitter but alluring smell of lucre. In fact, I've got a tip for NYPA chief Richie Kessel: all you'll have to do to make this opposition melt away is to propose a PILOT payment agreement for any offshore wind farm that is proposed.
17 Feb 2010

Wind farm's payments: $8,000 per megawatt

The Herkimer County Legislature has ended five years of negotiations with Iberdrola Renewables by approving a 20-year payment in lieu of taxes agreement for the company's Hardscrabble Wind Project in the towns of Fairfield and Norway. "A lot of legislative time and effort was put into the negotiations, and the end result is an agreement that has the best interest of the taxpayers in mind," County Administrator James Wallace said after Friday's unanimous vote.
14 Feb 2010

County losing more than it gains with PILOT

I would like to "thank" Jefferson County legislators for opening the door to the big wind companies' invasion of Jefferson County. They are allowing these companies to come into our communities to destroy our life, our health and our homes. All legislators should have done their homework on the wind issue.
11 Feb 2010

On PILOTs and wind farms, our motto should be 'be prepared'

Wind developers are here because they can make money. Right now, thanks to tax incentives and public policy, wind power is profitable in New York state. We have exactly what the wind farm investors need... They have fewer choices than they might want us to believe, and for every deal we lose, another will come to take its place. If wind farms are coming, or at least prospective wind farm developers, we need to be ready for them and reap the benefits on our terms. To them, it's just money. To us, it's our home.
7 Feb 2010

Henderson suing over Galloo OK

The town of Henderson is asking a judge to annul the town of Hounsfield Planning Board's site plan approval for the proposed Galloo Island Wind Farm. The Henderson Town Council filed a state Supreme Court Article 78 proceeding Friday at the Jefferson County clerk's office against Hounsfield, the project's developer, Upstate NY Power Corp., Seneca, and the state Department of Environmental Conservation.
6 Feb 2010

Wind PILOT; Approval doesn't answer questions

The irresponsible decision by the Jefferson County Legislature approving a tax abatement plan for the Galloo Island Wind Farm leaves unresolved several issues that will bedevil the county for years to come. A last-minute offer of another $3.5 million in community benefits by Upstate NY Power Corp. sweetened the deal sufficiently to win the eight votes needed for county approval of a 20-year payment-in-lieu-of-taxes plan for the project. But that does not end the dispute.
4 Feb 2010

PILOT came with promises by developer

Some last-minute wheeling and dealing paved the way for the 8-7 vote by the Jefferson County Board of Legislators passing the Galloo Island Wind Farm payment-in-lieu-of-taxes agreement. Galloo Island Wind Farm developer Upstate NY Power Corp agreed to put $3 million in a community grant fund and $500,000 in a scholarship fund, made job guarantees.
3 Feb 2010

State: turbines exempt from sales tax

Wind turbines are exempt from sales taxes, a recent opinion by the state Department of Taxation and Finance states. It's unclear exactly how that will affect the proposed Galloo Island Wind Farm, because the developer wouldn't say how much of the estimated $253 million originally said to be eligible for sales taxes includes turbine parts.
2 Feb 2010

Talk of shorter PILOT ignites flap

A minor firestorm has flared after the attorney representing Upstate NY Power Corp., developer of the proposed Galloo Island Wind Farm, claimed Thursday the developer never offered an 18-year PILOT to ease legislators' concerns about a proposed 20-year agreement.
23 Jan 2010

Uniform PILOT; Draft single plan for all developers

The Jefferson County Industrial Development Agency must now accomplish what it was asked to do in the first place: draft a uniform policy for payments in lieu of taxes by wind developers. That was the directive originally given by the county Legislature. Instead the JCIDA presented a proposed PILOT on behalf of Upstate NY Power Corp. to accommodate construction of its wind farm on Galloo Island.
7 Jan 2010
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