County officials propose creating trust fund...

 For wind developments to pay if personal property tax is eliminated, altered

 

By KATE HESSLING
Tribune Staff Writer

6/16/2011

 BAD AXE — County officials on Tuesday pitched a concept of working in concert with wind developers to eliminate uncertainty the Michigan Legislature has created by proposing legislation to eliminate the personal property tax, which is the only tax revenue wind companies pay for wind farms.

Officials outlined the progress of wind development in the local area throughout the years, culminating to the present day, where officials say the county stands to see 700 or more turbines erected in the area, while the tax revenue accompanying those structures is in jeopardy. More....

Web Link >>

http://www.michigansthumb.com/articles/2011/06/16/news/local_news/doc4df9ebaea1870697954964.txt