Thursday, December 13, 2012

Tipton County Review Committee Recommends 10 Year Abatement for Prairie Breeze Wind Farm

From the Kokomo Tribune:

The Tipton County Review Committee is recommending the proposed Prairie Breeze Wind Farm receive a 10-year tax abatement, according to members of the county council.

The review committee, consisting of Mike Cline, president of the Tipton County Board of County Commissioners; Beth Roach, a member of the Tipton County Council; and Steve Edson, director of the county plan commission, will make the formal recommendation to the full council Tuesday.

Juwi Wind LLC has proposed construction of a wind farm between County Road 200 North and the Howard County line, and 400 West to the Clinton County line.

The company is expected to invest between $100 million and $300 million.

The county council will meet at 6 p.m. Tuesday in the Tipton County Foundation building to consider the company’s request for a tax abatement, as well as a request from Chrysler Group LLC for a 10-year tax abatement for the former Getrag building at the intersection of U.S. 31 and Ind. 28.

Roach said the review committee made the 10-year recommendation because a 10-year abatement was approved for the Wildcat Wind Farm under development in the eastern part of the county by E.ON Climate & Renewables.
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See the full article here:

http://newsandtribune.com/community-news-network/x1752052747/Tax-credit-debate-sucking-the-wind-out-of-wind-industry