|Read County Legislator Martha Robertson (who chairs the EEDTF) response by clicking here. "Tompkins County is committed to all our residents and all our towns, villages, and school districts," she says.|
Lansing Town Supervisor Ed LaVigne gave an impassioned speech Wednesday on the impact of a new reduction of assessed value in the new Cayuga Power Plant PILOT (Payment In Lieu Of Taxes) agreement, recently negotiated between plant officials and the Tompkins County IDA (Industrial Development Agency). LaVigne told the Town Board that the negotiated plant value, most recently at $60 million has been reduced to $35 million. LaVigne said it will decrease to $25 million next year, then to $20 million in the third year, and added that there is no certainty that it will maintain its $20 million value beyond that time. LaVigne said that the reality of the plant closing will impact Lansing property taxpayers.
"All those people who wanted to have a dead power plant, you've got it," he said. "If that's the case, good luck with your taxes, because you know what? Five years ago that power plant was $150 million dollars. What other community can keep the level of our schools and our town and take a whack like that? So Michael (Lansing Planning Consultant Michael Long) and I went to the PSC, and you've got one pissed off supervisor on your hands now."