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Valley News - New Vermont law requires regular town-wide reappraisals

Valley News - New Vermont law requires regular town-wide reappraisals
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Two hydroelectric power generators in Jay show rise and fall in value

Two hydroelectric power generators in Jay show rise and fall in value
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Jay to hire appraiser for valuation of hydroelectric facilities

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JAY The Select Board will spend $5,000 as part of a joint effort with Livermore and Livermore Falls to determine the value of four hydroelectric facilities owned by Eagle Creek Renewable Energy.
Eagle Creek Renewable Energy’s Riley hydroelectric facility in Jay is seen in 2017.
Sun Journal file photo
Two of the facilities are in Jay, while the other two are located in Livermore and Livermore Falls. Both of the latter towns’ Select Boards will also consider next week spending $5,000 to join Jay in working with Sansoucy Associates of Lancaster, N.H., on the valuation of the facilities.
Jay Town manager Shiloh LaFreniere said Thursday she estimates the most recent valuation of the four facilities was over $50 million. ....

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