Tuesday, October 19, 2010

Cape Vincent Economic Panel: spread wind's rewards

  Link here to continue reading  Watertown Daily Times Panel: spread wind's rewards

MAKE UP FOR LOSSES: Cape Vincent team says property value, tourism are at risk
By NANCY MADSEN
TIMES STAFF WRITER
TUESDAY, OCTOBER 19, 2010


CAPE VINCENT — The town's wind economics committee, finding risks and rewards of wind farm development, has offered bold recommendations to spread rewards around and compensate nonparticipating landowners for any losses they incur.

The committee, which released its report Oct. 7, saw risks to property values, school district aid and tourism. On the other hand, wind power projects would have payments for landowners and for taxing jurisdictions through payment-in-lieu-of-taxes agreements.


ON THE NET

Cape Vincent Wind Economic Impact Committee report:

www.townofcapevincent.com/windcommittee.html

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