Resolution No. 640

Authorizing The Chair Of The Ulster County Legislature To Execute A Payment In Lieu Of Taxes Agreement With Lewis Solar Partners, LLC For Solar Energy Systems Pursuant To Real Property Tax Law Section 487 – Department Of Finance

Resolution Information

Status: 
Withdrawn by Sponsor

RESOLUTION TEXT +-

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Referred to:  The Energy, Environment and Sustainability Committee (Chairwoman Greene and Legislators Hansut, Erner, Maloney, and Stewart), and The Ways and Means Committee (Chairman Gavaris and Legislators Cahill, Fabiano, Ronk, and Walter)

 

Chairwoman of the Energy, Environment and Sustainability Committee, Manna Jo Greene, and Deputy Chair Gina Hansut offer the following:

 

WHEREAS, this resolution has been submitted at the request of the Acting County Executive on behalf of the Department of Finance; and

 

          WHEREAS, New York State Real Property Tax Law (“RPTL”) Section 487 exempts from taxation the increase in value to real property by reason of inclusion of qualified solar or wind energy systems or farm waste energy systems unless a county, city, town, village, or school district opts out of said exemption; and

 

          WHEREAS, RPTL Section 487 provides that a county, city, town, village or school district that has not acted to opt out of said exemption may require the owner of a property which includes a solar or wind energy system meeting the requirements for the exemption to enter into a contract for Payments in Lieu of Taxes (“PILOT”); and

 

WHEREAS, Lewis Solar Partners, LLC has submitted a Notice of Intent to the County that it plans to build a solar energy system that meets the requirements for the exemption on a parcel of land located within the physical boundaries of the County identified as tax map number 62.4-6-33.100 at 173 Coutant Road, in the Town of Rosendale, Ulster County, New York (the “Project”); and

 

WHEREAS, pursuant to RPTL Section 487(9)(a), the County has indicated its intent to require a PILOT Agreement with the Owner, under which the Owner, (or any successor owner of the project) will be required to make payments to the County for each year during the term of this Agreement; and

 

WHEREAS, the Owner has submitted, or will submit to the assessor of the Town a RP – 487 Application for Tax Exemption of Solar or Wind Energy Systems or Farm Waste Energy Systems, demonstrating the Project’s eligibility for a real property tax exemption pursuant to RPTL Section 487; and

 

WHEREAS, the Parties intend that, during the term of this Agreement, the Project will be placed on an exempt portion of the assessment roll and the Owner will not be assessed for any statutory real property taxes for which it might otherwise be subject to under New York law with respect to the Project; now, therefore be it

 

           RESOLVED, that the Chair of the Ulster County Legislature is hereby authorized to enter into a PILOT Agreement, and any amendments thereto, with Lewis Solar Partners, LLC for the building and operations of a Solar Energy System, in the form as filed with the Clerk of the Ulster County Legislature or as modified with the approval of the County Attorney,

 

and moves its adoption.

 

 

ADOPTED BY THE FOLLOWING VOTE:

 

AYES:                        NOES:     

 

 

Passed Committee:  Energy, Environment and Sustainability on ______________.

 

Passed Committee:  Ways and Means on ______________.

 

 

FINANCIAL IMPACT:

$11,250.00/5 MEGA WATTS – 2023 ANTICIPATED REVENUE

$11,475.00/5 MEGA WATTS – 2024 ANTICIPATED REVENUE

$11,704.50/5 MEGA WATTS – 2025 ANTICIPATED REVENUE

$11,938.59/5 MEGA WATTS – 2026 ANTICIPATED REVENUE

$12,177.36/5 MEGA WATTS – 2027 ANTICIPATED REVENUE

$12,420.91/5 MEGA WATTS – 2028 ANTICIPATED REVENUE

$12,669.33/5 MEGA WATTS – 2029 ANTICIPATED REVENUE

$12,922.71/5 MEGA WATTS – 2030 ANTICIPATED REVENUE

$13,181.17/5 MEGA WATTS – 2031 ANTICIPATED REVENUE

$13,444.79/5 MEGA WATTS – 2032 ANTICIPATED REVENUE

$13,713.69/5 MEGA WATTS – 2033 ANTICIPATED REVENUE

$13,987.96/5 MEGA WATTS – 2034 ANTICIPATED REVENUE

$14,267.72/5 MEGA WATTS – 2035 ANTICIPATED REVENUE

$14,553.07/5 MEGA WATTS – 2036 ANTICIPATED REVENUE

$14,844.14/5 MEGA WATTS – 2037 ANTICIPATED REVENUE

 

Current Text: PDF

 

Updated: December 13, 2022

Votes on this Resolution

yes no abstained no vote
Thu, Dec 8, 2022 2022-2023 Term: Energy, Environment and Sustainability
Committee Vote to Postpone Resolution No. 640
-+
No
Abstained

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