No tax breaks, no socialized infrastructure costs, and financial responsibility that remains with the developer.
Provisions
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Tax Neutrality
No property-tax abatements, PILOT agreements, industrial incentives, or fee waivers. The facility pays its full assessed tax. -
Grid Upgrade Liability
The developer pays all costs for transmission lines, substations, distribution feeders, and grid upgrades required by the facility. -
Infrastructure Impact Fee
An upfront payment covers road reinforcement, bridge upgrades, and stormwater improvements caused by construction and ongoing operations. -
Regional Impact Mitigation Fee
Annual payments compensate households within the six-mile Impact Zone for industrial risk, loss of quiet enjoyment, and property-value impacts. -
Property Value Guarantee
If nearby property values fall relative to comparable regional properties, the developer compensates affected homeowners.