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Planning board to place draft solar decommissioning bond policy on April 15 agenda
Summary
A planning board member presented a short draft decommissioning bond policy for solar projects based on state guidance (including recommending bonds at 125% of decommissioning cost and accepting cash or irrevocable standby letters of credit). The board agreed to add the policy to the April 15 agenda for further review.
A planning board member presented a short draft decommissioning bond policy for solar projects and asked the board to place it on the April 15 meeting agenda. The draft follows state guidance that suggests a decommissioning bond equal to 125% of estimated removal costs and permits cash or…
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