Ferrisburgh awaits financial terms from Green Line developers
FERRISBURGH — Craig Heindel, head of the town of Ferrisburgh’s Vermont Green Line Committee, told the Ferrisburgh selectboard last Tuesday that the committee that day had received a new draft of a “Host Town Agreement” from the companies proposing to bury a major power line along town roads between Kingsland Bay and Route 7 and then south to New Haven.
However, Heindel said, the agreement, while containing reams of documents relating to technical aspects of the project, lacked an essential component: It failed to show Ferrisburgh the money.
The draft agreement contained no mention of how the VGL firms planned to compensate Ferrisburgh for use of its road rights of way, Heindel said.
Without that information, the attorneys working on the town’s behalf recommended the committee and town officials essentially ignore the documents, he said, and the board agreed, especially given the recent news that the companies had not won a key contract to sell the power they hope to deliver with the new power line.
“We don’t need to spend the energy reviewing a partial package,” Heindel said. “When we have our financial package offered, we will review it with enthusiasm.”