BERLIN — The city tax rate remains in flux as adjustments are being made while the Burgess BioPower financial settlement wends its way through the complicated process of a corporate bankruptcy.

The biopower plant filed for Chapter 11 voluntary bankruptcy in February, as earlier reported by the Sun. The plant’s officials terminated its purchase power agreement with Eversource, in part a reaction to the state legislature’s failure to overturn Gov. Chris Sununu’s veto of a bill affecting payments from Eversource to Burgess BioPower.

Tags

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Post a comment
Stop watching this discussion.