Hansford County Tax Abatement

On November 12, 2002, the Hansford County, Texas Commissioners created a tax abatement agreement with Great Plains Windpower, LLC. The agreement authorized tax abatements (an exemption from ad valorem taxes on property) in a Reinvestment Zone located in Hansford County. Improvements eligible for Abatement under the agreement include Real Property and personal property comprising the wind energy facilities within the Reinvestment Zones, including: the wind turbine generators; electric substations and related components; power collection system electric cable, and electric power transmission lines; foundations and support structures; communication and other wiring and lines; wind measurement towers; (vii) roads and fences; (viii) spare parts and equipment; and other physical assets and improvements. The Abatement amount is 95% in the first through third years. The fourth and fifth years the abatement is 90%. In the sixth and seventh years the abatement is 70%. No abatement will be provided starting with the eighth year. Since 2011, Great Plains Windpower has stopped receiving tax abatements as part of this program.