“4.) Unfinished Business
Upon recommendation of the Superintendent, a motion to pass the following Resolution PILOT Agreement with Birdseye Solar, LLC , made by Laura Jackson and seconded by Renee Bade, was carried unanimously 4:0:
RESOLUTION AUTHORIZING A PAYMENT-IN-LIEU-OF-TAXES AGREEMENT BETWEEN THE SHARON SPRINGS CENTRAL SCHOOL DISTRICT, SCHOHARIE COUNTY,THE TOWN OF SHARON, AND BIRDSEYE SOLAR, LLC WHEREAS, the joint Boards ofthe Sharon Springs Central School District, Schoharie County, and the Town of Sharon, are supportive of the use of ecologically-friendly renewable energy sources such as solar energy; are supportive of economic development projects in general; and are also supportive of requiring such projects to pay their fair share of the costs of providing municipal services to our respective residents and constituencies; and
WHEREAS, pursuant to Section 487 (9)(a) ofthe New York State Real Property Tax Law, the three taxing jurisdictions listed above have indicated their intent to require a Payment-in-Lieu of-Taxes (PILOT) Agreement on the 1.98 Megawatt (AC) solar project planned for 106 Empie Road in the Town of Sharon (tax map #12-3-17.2); and WHEREAS, the length of term of this PILOT Agreement shall be 15 years; and WHEREAS, the Developer has agreed to make annual PILOT payments to Sharon Springs Central School commencing in September 2018 starting at $25,364.06 and then increasing by 5% per year; and
WHEREAS, the Developer has agreed to make annual PILOT payments to Schoharie County commencing in January 2019 starting at $12,679.15 and then increasing by 5% per year; and
WHEREAS, the Developer has agreed to make annual PILOT payments to the Town of Sharon commencing in January 2019 starting at $6,956.78 and then increasing by 5% per year; and
WHEREAS, the approximately 15 acres upon which the solar project will be built will remain fully taxable as unimproved vacant land and the PILOT payments will be paid in addition to those regular annual tax payments. Furthermore, annual payments will be
made to the Special Districts in the Town such as the Fire District and Library District
and will be paid in addition to the PILOT payments; and
WHEREAS, the Developer has provided a Decommissioning Bond to the Town of
Sharon in the amount of $50,571.00 which will cover the entire 30-year projected
lifespan of the solar installation;
NOW THEREFORE BE IT RESOLVED, that the Board of Education of the Sharon
Springs Central School District hereby authorizes the creation of a 15-year PILOT
Agreement for the Birdseye Solar Project located at 106 Empie Road in the Town of
Sharon.”
read the July 6, 2017 minutes