Wednesday, February 3, 2010

Galloo Wind Farm PILOT approved

By Nancy Madsen Watertown Daily Times, N.Y.
Publication: Watertown Daily Times (New York)
Date: Wednesday, February 3 2010
Feb. 3--The proposed payment-in-lieu-of-taxes agreement for Galloo Island Wind Farm passed the Jefferson County Board of Legislators on an 8-7 vote Tuesday night.

The final vote on the PILOT will come Thursday morning from the Jefferson County Industrial Development Agency board of directors. After that, the developer will be free to seek financing for the project with a guaranteed reduced amount for property taxes.

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