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This closure would result in a significant loss in tax revenue for the town, which receives payment in lieu of taxes from Covanta.
November 30, 2016
Due to a significant reduction in waste, Covanta Energy is in negotiations with the Town of Wallingford, Conn., to shut down its 10-acre trash transfer plant. This closure would result in a significant loss in tax revenue for the town, which receives payment in lieu of taxes from Covanta.
As part of the negotiations, Covanta has offered each municipality involved in its current contract to enter a contract to send waste to its Bristol, Conn., plant, which charges a smaller tipping fee. No decisions have been made, but Covanta has requested that each municipality respond to its offer by December 31, 2016.
Record-Journal has more information:
Covanta Energy has begun negotiations with the town to shut down its trash transfer plant, a move that would result in a significant loss in tax revenue for the town.
The company’s 10-acre plant, located on South Cherry Street, processes trash from Meriden, Wallingford, Cheshire, Hamden and North Haven. The company is under contract with the municipalities until 2020.
Covanta, based in New Jersey, is considering ending operations in Wallingford because it has seen a significant reduction in waste, in part due to increased recycling, according to Mayor William W. Dickinson Jr.
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