Company seeks delay on TIF decision on proposed wind farm

The Associated Press
Posted Jan. 16, 2011, at 11:36 a.m.

SKOWHEGAN, Maine — First Wind is asking the Somerset County Commissioners to hold off on deciding whether to form a tax-increment financing district associated with a proposed wind farm in Mayfield Township.

The Morning Sentinel of Waterville says the commissioners are surprised and disappointed with the request on a plan that could have brought millions of dollars for economic development into the region’s Unorganized Territory. Projects could have included things such as a regional bus system, multi-use trails and expansion of broadband access.

Massachusetts-based First Wind’s delay request goes before the commissioners Wednesday.

Establishing a tax-increment financing district would capture increases in property values around the wind development planned by First Wind.

http://bangordailynews.com/2011/01/16/business/company-seeks-delay-on-tif-decision-on-proposed-wind-farm/ printed on December 25, 2014