EMPIRE ZONE: Leaders brace for $6.3m reduction if appeal fails
Wind farm revenue may take major hit
STEVE VIRKLER
TIMES STAFF WRITER
SATURDAY, SEPTEMBER 26, 2009
LOWVILLE — While hopeful that the Maple Ridge Wind Farm will retain Empire Zone benefits, local leaders are preparing for the worst-case scenario: a $6.3 million drop in combined wind-farm revenue for area governments.
While Lewis County projected $2.16 million from the wind farm in this year's budget, the proposed 2010 budget likely will include only about $600,000, the amount the county would receive if Empire Zone benefits are revoked, County Manager David H. Pendergast said. That's nearly a $1.6 million reduction.
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