In the matter of signing a 20 year Payment in Lieu of Taxes (PILOT) Agreement with Rogue River Holdings, LLC, an Oregon Limited Liability Company. Nathan Bigby Klamath County Assessor
Background: Rogue River Holdings, LLC will build a 2.7 megawatt solar photovoltaic system located at R-4112-01600-01300-000. The facility will consist of ground mounted solar modules. Solar facilities are low impact in terms existing county resources, and will bring tax benefits to Klamath County. The fee in lieu of taxes shall be $7,000 multiplied by the rated nameplate capacity of the project measured in MWac beginning FY2022/2023.
Fiscal Impact: The project revenue is $3,780 per year and $75,600 over the life of the agreement to the general fund (non departmental) in the projects current capacity.
Recommended Motion: That the Klamath County Board of Commissioners approves and signs the attached Payment in Lieu of Taxes Agreement with Rogue River Holdings, LLC. The projected revenue is $3,780 per year and $75,600 over the life of the Agreement in the projects current capacity.