Friday, November 2, 2007

No tax break for Vermont residents who own property contaminated by nearby Energize plant

November 2, 2007 - BENNINGTON — What happens to the property values of homes affected by the leaking of carcinogens at the Energizer plant will be dictated by the market, according to a town official.

"That's going to be a question that ultimately the listers will have to answer and the market will dictate," said Bennington Town Manager Stuart Hurd.

The town has no intention of offering breaks on appraisals, Hurd said. The area around the Energizer plant was reappraised earlier this year as part of the rolling reappraisal system used by the town.

"It will be taken as a case by case basis," Hurd said. "As far as the listers going out and saying, 'OK, you're all going to be getting a reduction,' that is not going to happen."
State officials presented a plan to about a dozen neighbors Tuesday designed to remediate tetrachloroethene, or PCE, and trichloroethene, or TCE, contamination at the Energizer plant.

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