Sunday, September 11, 2011

Parishville does away with property value guarantee leaving residents to fend for themselves

  Link here to continue reading  Watertown Daily Times | Parishville does away with property value guarantee leaving residents to fend for themselves

No guarantees: Parishville tells land owners they are responsible for losses
By MATTHEW BULTMAN
JOHNSON NEWSPAPERS
SUNDAY, SEPTEMBER 11, 2011



PARISHVILLE — The jury is still out on whether wind turbines decrease property value, but residents of Parishville will have to cross their fingers if and when developers break ground in the town.

After months of trying to incorporate a clause into their local law that would force wind developers to guarantee property values and reimburse any property owner who claimed his or her land’s value had been diminished by a neighboring wind turbine, the town has decided to scrap the entire idea for the time being.

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