GCEDC Board Meeting
Written by WBTA STAFF on August 1, 2023
PRESS RELEASE:
$9 MILLION COMMUNITY SOLAR PROJECT TO BE CONSIDERED AT GCEDC BOARD MEETING
Solar projects have proposed investments generating over $127.4 million in municipal revenues since 2019
BATAVIA, NY – The Genesee County Economic Development Center (GCEDC) board of directors will consider an initial resolution for Oak Orchard Solar 3 LLC’s community solar farm project in the town of Batavia. The $9 million investment would include the installation of ground-mounted solar panels in order to generate up to 5 megawatts of power.
Under the proposed project agreement, Oak Orchard Solar 3 LLC’s project would generate $4,000/megawatts (AC) + a 2% annual escalator of revenues with Genesee County and Elba Central School District. Including a host agreement with the Town of Batavia, this project is estimated to generate a $319,088 increase in property-tax type revenues to host municipalities.
Since 2019, the GCEDC has reviewed over $1 billion of solar energy projects. These projects have proposed 860 megawatts of renewable energy and property tax-type revenues of $127.4 million to municipalities.
If Oak Orchard Solar 3 LLC’s project application is accepted, a public hearing will be scheduled on the proposed project agreement in the town of Batavia.
The August 3, 2023, GCEDC board meeting will be held at 3 p.m. at the MedTech Center’s Innovation Zone, 99 MedTech Drive, Batavia. Meeting materials and links to a live stream/on-demand recording of the meeting is available at www.gcedc.com.
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About the Genesee County Economic Development Center (GCEDC): The GCEDC is the primary economic development agency in Genesee County, NY. The GCEDC’s mission is to facilitate local economic growth and development which fosters investment and job creation for the benefit of our residents and children. We do this by offering financial assistance, real estate solutions, workforce development programming and placemaking options in order to build back local and regional manufacturing and by supporting the continued growth and success of our local businesses all across Genesee County.
Genesee County has been recognized for 19 consecutive years by Site Selection Magazine for having among the strongest business growth in the U.S. among peer micropolitan communities. Led by projects at the Western New York Science & Technology Advanced Manufacturing Park and the Genesee Valley Agribusiness Park, Genesee County has welcomed over $2 billion of capital investment since 2003.
