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Posted by MSD on June 28, 2007 at 21:05:30 from (67.1.181.157):
Was to a meeting the other night about electric windmills. Seems a couple of different companies are interested in placing the towers in the area. They were offering $5 an acre for a 3 yr holding agreement. Anytime in the 3 yrs. they can put an easment on the land for the towers. If they put a tower up, they pay $3500 to $5000 a year for the rights. The easment and towers would be there for 25 to 30 years and then they would either take them down or redo the contract. The yearly payment would be on a sliding scale. Some folks thought it was an ok deal, others said they wouldn't take it. Any one else run into this kind of deal?
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