| Resolve, Directing the State Tax Assessor To Adjust the |
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| State Valuation for the Town of Wiscasset |
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| | Emergency preamble. Whereas, acts and resolves of the Legislature do | not become effective until 90 days after adjournment unless | enacted as emergencies; and |
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| | Whereas, the Town of Wiscasset is the host community to the | Maine Yankee Atomic Power Company, which owned and operated a | nuclear electricity generating station that is currently being | decommissioned and which currently owns and operates an | independent storage facility for the interim storage of high- | level nuclear waste and spent nuclear fuel generated during the | operating lifetime of the Maine Yankee Nuclear Power Station; and |
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| | Whereas, there are fewer than 25 decommissioned or | decommissioning commercial nuclear power reactors nationwide and | fewer than 25 independent spent fuel storage facilities | nationwide, most of which are located on the site of operating | nuclear power plants, causing the valuation of those facilities | and the real estate on which they are located to pose | unprecedented assessment challenges; and |
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| | Whereas, as a result of the amicable settlement of a property | tax dispute regarding the just value of the Maine Yankee Atomic | Power Company's real and personal property, the Town of Wiscasset | has experienced a loss of its municipal valuation related to the | year 2003 municipal valuation relied upon by the State for | purposes of establishing the 2005 state valuation, as |
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