Commissioners weigh PILOT options for Rumpke and potential Invenergy solar project
Clark County economic development staff briefed commissioners on Payment In Lieu Of Taxes (PILOT) options for a Rumpke project and a potential Invenergy solar application; staff said a negotiated Rumpke PILOT would pay 100% of otherwise owed taxes and that House Bill 15 reduces taxable valuation for certain energy property from 15% to 7%.
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Ethan Harris, Clark County’s Community and Economic Development Director, told the Board of Clark County Commissioners on Aug. 6 that the county had negotiated a PILOT (payment in lieu of taxes) for a proposed Rumpke project under a state program that uses Air Quality Development Authority bonding. Harris said the negotiated agreement would require the developer to pay "100% of what would have been owed in taxes otherwise," so the county, township and school district would receive the amount that would be abated under the state process.
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