HAMMOND - If Hammond adopts a wind law that requires Iberdrola Renewables Inc. to compensate property owners who see drops in their land values, the company says it will scrap plans to build a proposed wind farm.
"They've basically said if we pass this agreement, that they will pick up their tinker toys and leave the sandbox," said Richard K. Champany, the wind committee member responsible for the proposal. Mr. Champany, a real estate attorney with offices in Alexandria Bay and Pulaski, said he didn't anticipate this reaction from Iberdrola.
"It's very infuriating," he said, holding up the letter from Iberdrola. "I've attempted to mediate and make everyone happy. This is a very fair proposal. I didn't expect this kind of reaction."
"It also says they don't have any experience with property values dropping," said Michele W. McQueer, committee tri-chair, "and that they would like to discuss the proposal with us."
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