Community Befenits Fund
In 2011, 19 wind turbines were erected in Township 16, the Hancock County Commissioners negotiated a Community Benefit and TIF (Tax Increment Financing) agreement with Blue Sky East in the amount of approximately $435,000. per year, for the next 20 years. The approximate megawatt cost per turbine was $5,848. Of that amount, $200,001 per year was designated for Community Benefits.
Community Benefit funds may be utilized for public purposes including, but not limited to, property tax reduction, economic development projects, land and natural resource conservation, tourism promotion, or reduction of energy costs.
In addition to these benefits, the County Commissioners negotiated with Blue Sky East to provide and erect a 150 foot emergency communications tower, provide a building for communication equipment and to provide and install an emergency generator. Blue Sky also agreed to provide year round access and road maintenance to the tower site. This tower will provide emergency radio coverage to the northern part of the county. Blue Sky East also allowed the county $25,000 towards attorney fees and professional services during negotiations. The county has engaged Roxanne Jobe of Eastern Maine Development Corporation to assist the commissioners in identifying projects for Community Benefits and TIF funds.
Grant funds associated with this project will be awarded in the near future!!