Monday, August 31, 2020

HEN HUD SCHOOL DISTRICT, ENTERGY REACH NEW PILOT AGREEMENT 8/28/2020

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For those following this issue: CORTLANDT, NY — Hendrick Hudson district officials and Entergy agreed to a revised schedule for the corporation's payment in lieu of taxes for the Indian Point Energy Center that gives the schools about $2 million more than expected over the next two years.

Indian Point will permanently shut down by April 30.

The agreement, covering the 2020-21 and 2021-22 fiscal years, replaces a 10-year agreement between the two that had been approved in 2015.

Entergy will make payments of $22,279,822 to the school district for the current fiscal year and $16,232,442 for the 2021-22 fiscal year. This represents an increase of $636,566 for 2020-21, and an increase of $1,947,891 for the 2021-22 school year, district officials said. READ MORE AT 

https://patch.com/new-york/peekskill/hen-hud-entergy-reach-new-pilot-agreement

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