NY - Public Hearing on Community Solar: Industrial Development Agency (IDA)

Attend this important meeting to learn more about a proposed community solar farm and weigh in. 

A few specifics about this proposed solar project.

  • Distributed Sun will pay taxes through a Payment in Lieu of Taxes (PILOT) at the rate of $8,000 per MW, plus a 2% annual accelerator.
  • In the first year, the total will be approximately $232,000.
  • Over the 30 years of the project, the total will be an estimated $8,000,000 to the Dryden and Ithaca schools, the Town, and the County.
  • This is all new revenue.
  • The Cornell land where the Ellis Tract will be located is now completely off the tax rolls.
  • At the Dryden Rd. site, the underlying taxes will continue to be paid by the private landowner.

For more information and to RSVP click HERE

WHEN
May 09, 2017 at 6pm - 8pm
WHERE
Dryden Town Hall
93 E Main St
Dryden, NY 13053
United States
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