Rutland mayor proposes tax relief, fund for $100K in solar project revenue

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RUTLAND, Vermont — The mayor of Rutland, Vermont, says he'd like to put $100,000 the city is getting from solar projects toward tax relief and a business development fund for environmental technology firms.

The Rutland Herald reports (http://bit.ly/1Jnd2kk) Mayor Christopher Louras planned to present that the proposal to the Board of Aldermen on Tuesday night.

Louras said targeting environmental technology makes sense, given work the city has done with Green Mountain Power and renewable energy firms under GMP's Solar City initiative. He added, though, that his proposal is intended to leave room for a variety of businesses.

The $100,000 includes tax revenue from projects developed on private land and lease income from projects on city property.


Information from: Rutland Herald, http://www.rutlandherald.com/

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