SNYDER – Scurry County commissioners on Tuesday agreed to hold a public hearing on a restructured payment in lieu of taxes (PILOT) agreement with IP Lumina for two solar farms that are planned for northern Scurry County.
The company had originally requested a larger tax abatement, but approached the court Tuesday with a different structured agreement instead.
The county will receive $540 per megawatt per year for years 1-5 of the abatement and $1,540 per megawatt per yea for years 6-10 of the abatement.
The county has previously agreed to a PILOT of $1,040 per megawatt.
– From the Snyder News
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