Sunday, April 10, 2011

Wind Project Unlikely In Hammond

With three town council members supporting recommendations made by the wind advisory committee, it's likely that an Iberdrola Renewables-built wind farm is not in the cards for the town.

A recent letter to the town board from an Iberdrola representative indicated that adoption of the committee-proposed real property value guarantee agreement would effectively kill the proposed 75-turbine Stone Church Wind Farm.

Written by Richard K. Champney, a Pulaski real estate attorney and wind committee member, the proposal calls for assurances from a wind developer that if a property owner cannot get at least the appraised value of a home at sale because of the presence of wind turbines, the wind company is required to make up the difference. The proposal also requires the company to buy out property owners opposed to living near turbines.

"In talking with many people around town, it seems to set their minds at ease," Councilman Douglas E. Delosh said of property value proposal. "If this industry does come, and it does affect property values, they have an out. This is tremendously important. People have a lot of money invested in their homes."

Read the entire article

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