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Town attorney calls Pivot Energy decommissioning bond "standard" as Planning Board continues review
Summary
Planning Board work on a Pivot Energy solar project along U.S. Route 11 includes a decommissioning bond; Town Attorney Graham Seiter said the bond estimates costs to restore land and is standard town security.
The Town's zoning and planning discussion on May 12 included an update on a solar-related decommissioning bond for a Pivot Energy project along U.S. Route 11. CEO/ZEO Jim Sprague told the board the Planning Board is working with Pivot Energy and that contract or bond details will be adjusted in the final paperwork.
Town Attorney Graham Seiter described the decommissioning bond as routine town security to fund restoration should panels be removed in the future: "This is a pretty standard bond," Seiter said, adding it is intended to estimate the cost to return the land to its prior condition. Sprague also reported 13 new building permits and 35 code violations currently open, noting increased permit activity at Brennan Beach.
