The Town of Somerset, New York, Publishes Facts Relating to the AES Somerset, LLC, PILOT Application

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The Town of Somerset, New York, is faced with a possible PILOT (Payment in Lieu of Taxes) for power plant AES Somerset, LLC, that would reduce tax revenue for the Town and the Barker Central School District.

The Town of Somerset has released a background document that clarifies the facts related to the request by AES Somerset, LLC, for a Payment in Lieu of Taxes (PILOT) from the Niagara County Industrial Development Agency (IDA). Details are available at the Town’s website: http://www.somersetny.org/aeshearing.

The Niagara County IDA has called a public hearing regarding the PILOT application in the Town of Somerset for October 24, 2006. Visit the above website for information on the public hearing.

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