BOSTON: State Senator Benjamin B. Downing (D-Pittsfield) and State Representative Daniel E. Bosley (D-North Adams) announced today the two pieces of legislation facilitating one windpower project in the Towns of Florida and Monroe were signed into law by the Governor. The legislation allows the towns to implement a 25 year lease, in lieu of property taxes, with the wind power facility.
“The passage of these bills allow Florida and Monroe to satisfy their tax collecting needs without lengthy discussions on assessments and valuation,” said Senator Benjamin B. Downing. “Having such a lease plan as is called for in the bills make sense for these communities and their budgeting needs.”
With the passage of these bills filed by Bosley, Florida and Monroe can now negotiate leasing options with the electric generating facility and agree upon set payments in lieu of property taxes throughout the length of the lease.
“This windpower facility will be of great benefit to the towns, for reasons of renewable energy and also income for both communities,” said Bosley. “The towns will now be able to work with the facility to agree upon payment amounts in place of a property tax as part of the lease. And this will allow both towns to budget according to that amount.”
Florida Town Administrator, Susan L. Brown, commented, “I’m happy this long awaited legislation has finally passed so that we can now move forward on the next step and come to an agreement to benefit both the towns and the developer.”
Bosley filed these two bills at the request of the towns and Downing was key in their passage in the Senate.