They say that money talks, baloney walks. (Well “they” don’t actually say “baloney” but this is a family newspaper.) Vermont Yankee has a track record of being a good neighbor – pays its bills on time, supports the community, and provides jobs. Vermont Yankee’s handling of its property tax bill is a perfect example of a good corporate neighbor walking the walk.
The Vernon Selectboard admitted that, with the state of Vermont desperately trying to shut the plant down, Vermont Yankee could argue that its property tax value has declined dramatically. Did Vermont Yankee, therefore, try to nickel and dime its neighbors with a low ball offer? No – Vermont Yankee came to the Vernon Selectboard and said, “just renew last year’s deal.” That deal pays out about $1.3 million in taxes. As plant spokesperson Jim Sinclair said, “Extending the existing agreement was the right thing to do.”
Say what you want, Vermont Yankee is a good neighbor, demonstrated once again in these economic times. You can’t ask much better than that.