Community Befenits Fund
On March 19, 2014, the Hancock County Commissioners had the pleasure of awarding $126,000 in grants to several local organizations who serve the citizens of Hancock County in unique ways. This was made possible though the receipt of Community Benefit Funds.
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 $315,000 per year, for the next 20 years. Of that amount, $200,001 per year was designated for Community Benefits. The purpose of these funds are intended for property tax reduction, economic development, land and natural resource conservation, tourism promotion, the reduction of energy costs and to help the disadvantaged. In addition to these benefits the commissioners negotiated with Blue Sky to provide and erect a 150 ft emergency communication tower, provide a building for the communication equipment and provide and install an emergency generator.
The commissioners are pleased to announce the following awards:
Child & Family Opportunities $15,000
Farm Tomorrow on behalf of Food for All $3,500
Franklin Historical Society - $4,000
Great Cranberry Futures Group/GCI Fire Department $15,000
HCPC (OneHancock) $10,000
Healthy Acadia $10,000
Loaves and Fishes Food Pantry $15,000
Maine Pretrial Services, Inc. $25,000
The Grand $3,500
Town of Stonington $25,000
Additionally, in 2015, when the Hancock Wind Project is expected to come online, it was the consensus of the Board that at least $100,000 would be set aside for future tax relief.
Future grant funding will be posted on the County of Hancock website at www.co.hancock.me.us.