Will Kibby live forever ?
With the county expected to reach $4 million revenue cap this year, proposed changes to the deal would lengthen the terms to 30 years, remove the cap and broaden how the county could spend the generated money.
Proposed amendments to Franklin County’s
tax increment financing agreement with TransCanada Maine
Wind Development aim to capture more tax money from the company’s
Kibby Mountain wind turbine project and broaden the category of projects the county
can use the revenue for.