Tax abatement rejection threatens solar farm projectOctober 14, 2019
By The Associated Press
ANDERSON — Officials in a central Indiana county have rejected a tax abatement for a proposed solar farm, putting the $110 million project in jeopardy.
The Madison County Council voted 4-3 on Tuesday to deny the Lone Oak Solar Energy Center's request for a traditional 10-year tax abatement.
The proposed solar farm in northern Madison County would generate 120 megawatts of electricity, but officials with developer Invenergy say that not obtaining the tax abatement could make the project financially impossible.
The Herald Bulletin reports that company officials say the tax abatement would have saved the company $5 million in personal property taxes over the 10 years.
Project manager Katya Samoteskul told council members it also would have reduced the cost of the electricity to a potential buyer of the solar farm's power.
More on DuboisCountyHerald.com
The Indiana State Department of Health reported Thursday three new COVID-19 cases in Dubois County.
The property swap agreement between the City of Huntingburg and the Southwest Dubois County...
Springs Valley Bank & Trust Company donated $25,000 to Southwestern Indiana Child Advocacy...
The Indiana State Department of Health reported Wednesday eight new COVID-19 cases in Dubois County.
Kyle and Jamie Jahn’s lives are full of nonstop, behind-the-scenes activity.
The Indiana State Department of Health reported Tuesday two new COVID-19 cases in Dubois County.
Vaccine #2 is in the books. I got my second Moderna shot Saturday afternoon. And I had less of a...
Angie Ruxer’s kindergartners hover around her on their Strider bikes — beginner's bikes...