William J. Kemble reports in the Daily Freeman
that the Saugerties Town Board Jan. 3 allowed East Light Partners to build a two-megawatt solar power array on the former town landfill. The company is getting a lease agreement and payment-in-lieu-of-taxes plan that could last 30 years. “We didn’t make a deal for the energy,” Town Supervisor Fred Costello said. “So what we did now is lease them the land. That land has never been on the tax rolls; there’s no assessment that’s applicable because it’s the former dump.” The town gets $400 per month while East Light Partners creates the solar array, and $12,000 per megawatt the first year the system is up and running, with a two percent increase annually. The electricity from the sun will go into the electrical grid. Read the full story in the Daily Freeman.