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County delays IRB ordinance for San Juan Mesa repower while negotiating PILT and terms
Summary
The county manager told commissioners that negotiations with the San Juan Mesa repower developer over PILT and IRB terms are ongoing; the county postponed consideration of an IRB ordinance until negotiations conclude and said a notice of intent will be published before formal action.
The county manager reported staff are negotiating payment-in-lieu-of-taxes (PILT) and industrial revenue bond (IRB) terms with the San Juan Mesa repower developer and have deferred consideration of an IRB ordinance until those terms are clearer. "We are in the process of negotiating the PILT and IRB terms with the developer team," the manager said, adding the county is postponing ordinance consideration so negotiations can proceed and that a notice of intent will be published before any future action.
Commissioners discussed forming a small negotiating committee to identify stipulations they want included in any agreement, and noted school superintendents and local stakeholders have asked questions about PILT payments. The manager said final payment figures were not yet available and described the current posture as preliminary while negotiations continue.
No ordinance was introduced or voted on at the meeting; commissioners asked staff to review prior minutes to confirm prior commitments about committee membership and to return with recommended negotiating participants and any draft terms.
