Jay approves settlement agreement with paper mill owners over tax abatement request

SUN JOURNAL • August 11, 2023

The Select Board voted unanimously Friday to accept a settlement agreement with Pixelle Specialty Solutions for a tax abatement of $12.2 million in valuation and $250,100 in tax dollars. The paper mill and associated properties were valued at $108.5 million in 2022-23. The abatement agreement reduces the valuation to $96.3 million.