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Champion tax exemption approved
Credit: June 19, 2016 | www.watertowndailytimes.com ~~
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Translate: FROM English | TO English
WEST CARTHAGE – The Town of Champion Council approved a local law to reduce the tax exemption to zero for solar or wind energy system or farm waste energy system as defined in state Real Property Tax Law.
The action came following a public hearing during which no one from the public spoke, and stems from a discussion of an outline of understanding with the Copenhagen Wind Farm presented at the April 4 Town Board meeting.
The proposed wind farm project would include a transmission line running through a section of the town.
According to Town Attorney Timothy A. Farley, Real Property Tax Law allows the town to negotiate a payment-in-lieu-of-taxes agreement. Although the town has reduced the tax exemption, the business may still work with the Jefferson County Industrial Development Agency to develop tax plans.
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