TIF informational meeting in Carrabassett Valley Wednesday

TIF informational meeting in
Carrabassett Valley
Wednesday

Franklin County residents to get input at second informational meeting on proposed amendments to the county's TIF agreement with TransCanada Maine Wind Development.

The second informational meeting on proposed amendments to Franklin County’s tax increment financing agreement with TransCanada Maine Wind Development will be held Wednesday in Carrabassett Valley.

The meeting will be held at 5:30 p.m. at the Carrabassett Valley Library. A sparsely attended meeting was held on the changes in Farmington last month. The meetings are meant to brief county residents on the proposed changes and gather their input in advance of a formal public hearing on Oct. 4.

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Comment by Eric A. Tuttle on September 6, 2016 at 7:17am

Maine - New England's Plantationland Industrial Farmland for sale.

Complete with low labor rates where gullible.

Comment by Thinklike A. Mountain on September 6, 2016 at 12:24am

Comment by Robert Goldman on September 5, 2016 at 11:02pm
It looks like the industrial wind charlatans are focusing more and more on Maine because we have some of the stupidest people in New England. The other five states are collectively saying Get Lost to the lying, welfare queens in the wind industry while Maine's retarded legislators aided by corrupt "environmental" (haha) groups and fact-averse citizens all look like Gomer Pyle. Maine: The Laughing Stock Suckers of the North.
Comment by Paula D Kelso on September 5, 2016 at 9:07pm

It's unfathomable to me that towns or counties think it's a great idea to rebate mega-amounts of tax money to wind developers. Make them pay their way in this world, the rest of us have to. If you can't afford the taxes on a mansion then you buy a modest home. If your business won't generate enough revenue to pay it's taxes, then you don't start or don't continue for long. It's one thing to try to help out a floundering paper mill that employs a significant number of locals and brings outside money into an area. It's another to bend over for a wind corporation that brings nothing to the local economy after construction than tax money. Industrial wind brings little or nothing to local jobs or local infrastructure or a draw for other more beneficial development. Some people here in Clifton were deluded enough to think we'd all get free or low cost electricity cause the developer said "the electrons will stay local". True, a 25% increase in town valuation doesn't mean a 25% cut in local taxes because of increased state and county and school district shares of the tax increase. But all the tax money goes for supporting the services we all need, whether state or local. With a TIF, a lot of the money goes to line the pockets of the developers. Somebody tell me how that makes any sense. With tax credits and rebates and selling tax equity, that yellow brick road is paved in gold for the developers and in crap for the citizens. Not to mention how much goes to pay the lawyers to draw up the TIF and manage it. Wake up people!

Comment by Eric A. Tuttle on September 5, 2016 at 12:33pm

Maybe they should look at how Somerset county fared with the Former First Wind, SunEdison, now whoever........... and their funds that were late and maybe still unpaid along with the other groups that were promised the world in $$$ treasures.

I believe Somerset traded for an $11 million promise, a loss of $43 million in Tax collections by full assessment based on the claimed invested value of the turbines, only to find that by state statute most of that money to be received is required to go mostly back to the corporation in the way of maintaining access for the corporation.

This may be another Lose (Franklin) / Win (Corporation) situation...... A wolf in sheep's clothing.

http://www.centralmaine.com/2016/09/04/tif-informational-meeting-in...

Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

 

Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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