Supervisor ARGOTSINGER offered the following Resolution and moved its adoption:

RESOLUTION REQUIRING A PILOT AGREEMENT FOR THE BANTAM SOLAR, LLC ARRAY FARM (PARCELS 125.-1-22, 125.-1-23.12, 125.-1-19.22) IN THE TOWN OF OPPENHEIM

WHEREAS, Bantam Solar, LLC has constructed and operates a 5-Megawatt Solar Energy System on property at 457 County Highway 151 in the Town of Oppenheim (Parcels 125.-1-22, 125.-1-23.12, and 125.-1-19.22); and

WHEREAS, Bantam Solar, LLC has completed the local planning approval process with the Town of Oppenheim and signed a Payment in Lieu of Taxes (PILOT) Agreement with the Town and the Oppenheim-Ephratah-St. Johnsville School District; and

WHEREAS, the Finance Committee recommends a PILOT Agreement based on a pro-rated sharing of the Annual Total Tax Rate wherein the PILOT payment shall be based upon the amount of $8,000.00 per Megawatt of capacity with a 2 percent escalator per year for 15 years, matching the tax exemption period in RPTL Section 487 for such energy projects; and

RESOLVED, That the annual PILOT payment to the County shall be calculated based upon a pro-rated share of $8,000.00 per Megawatt and Bantam Solar, LLC shall pay the County of Fulton  a 2 percent escalator per year for 15 years, matching the tax exemption period in RPTL Section 487; and, be it further

RESOLVED, That for purposes of example, pro-ration would be as follows for 15 years:

Bantam Solar Pro-Ration Chart

and, be it further

RESOLVED, That the Chairman of the Board be and hereby is authorized to sign a contract between Bantam Solar, LLC and the Board of Supervisors to enact a PILOT Agreement for a 5-Megawatt Solar Farm (Parcels 125.-1-22, 125.-1-23.12, and 125.-1-19.22) in the Town of Oppenheim; in accordance with the terms and conditions outlined herein; and, be it further

RESOLVED, That said contract is subject to the approval of the County Attorney; and, be it further

RESOLVED, That certified copies of this Resolution be forwarded to the County Treasurer, County Attorney, Bantam Solar, LLC, Real Property Tax Services Agency Director, Budget Director/County Auditor and Administrative Officer/Clerk of the Board.

 

 

 

 

 

 

 

 

 

Seconded by Supervisor GROFF and adopted by the following vote:

TOTAL:  Ayes: 19   Nays: 0   Vacant: 1 (City of Johnstown – Ward 1)