County commissioners on Monday discussed possible tax abatement for a proposed wind turbine project that would be built on the east side of the county.
No action was taken but commissioners agreed to meet again July 14 to resume talks on the issue.
The Red Raider Wind Farm project would involve erecting 40 turbines in the county that would have a total appraised new value of $104,346,000.
Under one proposal, property taxes on the project would be abated with a declining percentage over a 10-year period.
At the end of the first year, 90 percent of the value of the project would be excluded from taxation, followed by 80 percent the second year and 20 percent after 10 years.
One estimate projects that the project could provide the county with $1,214,438 in additional tax dollars during the 10-year abatement.
Judge Larry Sprowls said he was concerned that, with an abatement program, the county might end up with a project that didn’t have much taxable value after 10 years.