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Reinvestment zone created for Potter County wind farm


P

otter
County has been asked to create a reinvestment zone that would allow a wind farm to come into the area.



"

O

f course we are very excited about the economic impact it will have on our economy

,

"


said Potter County Commissioner Joe Kirkwood.


I

t is the
High Majestic Wind II, and it will have 51 turbines capable of producing 79.6 megawatts of wind energy.



"

A

megawatt is enough to power about 350 average households

,

"


said AJ Swope with Class4Winds.


S

o the majestic project could power more than 27

,000 homes.


R

ight now, the
Texas Panhandle gets its power in many ways -- including from several wind farms, coal facilities and natural gas facilities.



"

I

'm not specifically getting wind power at my home and you're not specifically getting coal at yours

," said Swope. "I

t's a mix that we're all using."


P

otter
County officials are looking into a property tax abatement to make the project a reality.



"

B

asically what a tax abatement is, is an economic tool

," said Dave Kemp, the assistant Potter County attorney.



"T

he county reaches an agreement with a business and it basically says, you come in and build new construction, whatever you build that's new, ordinarily would be taxable, and for a period of time-it can't be longer than ten years-we'll give you a tax break."


B

ut several factors will go into
Potter County's decision.



"

B

ased on the size, we'll determine what the best tax abatement will be

," said Kirkwood.



"I

t may not be the full amount they're asking for.
It will be based on the size and what their future plans will be."


A

decision will be made by the end of the month.

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