SCIDA Stiffs Schools Again
SCIDA refuses to alter windfarm agreement
5/16/08, Bath, N.Y. - A disagreement over the terms of a tax deal for a windfarm development in Prattsburgh will apparently have to be settled in court.
The Steuben County Industrial Development Agency refused to change the terms of a payment-in-lieu-of-taxes agreement Thursday for a 36-turbine project by First Wind, formerly known as UPC.
Attorneys for the Prattsburgh and Naples school districts requested a renegotiation claiming the company should be paying hundreds of thousands of dollars more in taxes.
The tax agreement involves First Wind paying a fixed amount of taxes to the school districts, the town of Prattsburgh and the county over a 20-year period.
SCIDA approved the tax agreement Thursday and attorneys for the school districts said they will follow through with a court challenge. The two sides argued their cases in court in late April, prior to the final agreement being approved. Supreme Court Judge Peter Bradstreet presided over the hearing and a decision is pending.
Click here to read Mary Perham's entire article in The Corning Leader. For those who are new to the controversy, background articles by Mary are linked below:
4/4/08 - Schools sue over wind farm payments
5/3/08 - Schools await windfarm decision
5/9/08 - Opponents demand investigation into wind farms
Labels: Legal Issues, Money, New York, Process
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