Developers brief Fleming County on proposed Fleming Solar project, IRBs and PILOT options
Jun 8, 2021
Representatives of Core Solar (Fleming Solar) presented an overview of industrial revenue bonds and a proposed PILOT agreement, discussed Kentucky PSC application status, setbacks, valuation and decommissioning plans; the court recorded a motion after the presentation that passed unanimously (purpose not specified in the minutes).
The full story
Dominic Salinas, senior development manager/attorney for Core Solar, LLC (doing business as Fleming Solar, LLC), and attorney Timothy J. Eifler presented an overview of industrial revenue bonds (IRBs) and a proposed payment‑in‑lieu‑of‑taxes (PILOT) arrangement for the Fleming Solar project. The presentation covered the project's application status with the Kentucky Public Service Commission, a request for property setback deviations, potential economic development incentives, projected current versus long‑term property valuation, and decommissioning plans.
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