
Cathy Giessel
55:59 - 56:26
"What if it stops with only Phase 1? We want a limit on how long the tax abatement the forgiveness, the elimination of those property taxes go"
“What if it stops with only Phase 1? We want a limit on how long the tax abatement the forgiveness, the elimination of those property taxes go”
We've given these tax abatements. We want a 10-year, at least a 10-year, uh, discontinuation if this project does not move forward to Phase 2. What if it stops with only Phase 1? We want a limit on how long the tax abatement the forgiveness, the elimination of those property taxes go. And so we put that into the bill as well.
Enstar Natural Gas faces losing its primary gas supply in 2033 when its contract with Hilcorp expires, leaving Southcentral Alaska utilities with no Cook Inlet producer capable of matching the scale of investment that has kept the basin producing for the past decade.
