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Kingston Board gives notice of intent to enter PILOT for Titan Ridge solar project
Summary
The Kingston City School District board voted to notify the owner of a proposed Titan Ridge solar energy system that the district intends to opt into a payment-in-lieu-of-taxes (PILOT) agreement under state law, allowing the district to receive revenue from the project.
The Board of Education of the Kingston City School District voted unanimously to give notice of its intent to enter a payment-in-lieu-of-taxes agreement for a proposed solar energy system to be built by Titan Ridge PVLCC.
The resolution (BOE 35) directs the district clerk to notify the owner of the project of the board’s ongoing intent to enter into a PILOT pursuant to state real-property tax law on qualifying solar projects. Board members moved…
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