Tax Abatement Committee

Thursday, February 5, 2026, 5:30 PM, Tax Abatement Committee Hearing Sharon Bushor Conference Room, City Hall, Ground Floor Microsoft Teams meeting Join: https://teams.microsoft.com/meet/29856917706455?p=JBihqHXt8lw0sg96Rc Meeting ID: 298 569 177 064 55 Passcode: Gx37BL9n 1. Agenda Subject 1.1. Motion to amend/adopt agenda Meeting February 5, 2026 - Tax Abatement Committee Hearing - Thursday, February 5, 2026, 5:30 PM, Tax Abatement Committee Hearing Sharon Bushor Conference Room, City Hall, Ground Floor Category 1. Agenda Department Type Action 2. Approval of Minutes Subject 2.1. Approve the minutes from November 4, 2025 Meeting February 5, 2026 - Tax Abatement Committee Hearing - Thursday, February 5, 2026, 5:30 PM, Tax Abatement Committee Hearing Sharon Bushor Conference Room, City Hall, Ground Floor Category 2. Approval of Minutes Department Assessor's Office Type Action 3. Public Forum Subject 3.1. Verbal Comments Meeting February 5, 2026 - Tax Abatement Committee Hearing - Thursday, February 5, 2026, 5:30 PM, Tax Abatement Committee Hearing Sharon Bushor Conference Room, City Hall, Ground Floor Category 3. Public Forum Department Assessor's Office Type Public Hearing Page 1 of 57 4. Hearing Overview Subject 4.1. Hearing Petitioners in order of arrival Meeting February 5, 2026 - Tax Abatement Committee Hearing - Thursday, February 5, 2026, 5:30 PM, Tax Abatement Committee Hearing Sharon Bushor Conference Room, City Hall, Ground Floor Category 4. Hearing Overview Department Assessor's Office Type Action Public Hearing Recommended Action Petitioners: • 3G LLC, 10 ROSE STREET, PID# 044-1-194-000: Petitioner is contesting the notice of delinquent taxes. • LA KOSHER NOSTRA LLC, 39 HILDRED DRIVE, PID3 046-1-069-039: Petitioner requests abatement of penalties and interest because tax bill address did not use correct State. Address from Property Transfer document showed NY as the State. 5. Adjournment Subject 5.1. Motion to adjourn Meeting February 5, 2026 - Tax Abatement Committee Hearing - Thursday, February 5, 2026, 5:30 PM, Tax Abatement Committee Hearing Sharon Bushor Conference Room, City Hall, Ground Floor Category 5. Adjournment Department Council and Board Type Action Page 2 of 57  TAX ABATEMENT REQUEST FORM Please submit one form per property tax abatement request Additional copies of this form are found at www.burlingtonvt.gov/CT/PropertyTax/Abatement Submit to: Attention: Kenneth, Burlington City Hall, Ground Floor, 149 Church Street, Burlington, VT 05401 Date of this Request: 23 Jan 2026 Burlington Electric Dept/Central VT Public Service/VT Public Power Supply Name, Property Owner on Grand List: Authority Name, Applicant: City of Burlington, VT Electric Department, 50% joint owner (Describe the relationship of applicant to listed owner if the applicant is not the listed owner) New Owner, Purchase Date: NA NA Executor/Administrator of Estate: Mailing Address: 585 Pine St. City, State, Zip code: Burlington, VT 05401 Applicant’s Email and Phone #: estebbins-wheelock@burlingtonelectric.com; (802) 865-7466 Location of Property: 111 Intervale Rd Parcel ID # (000-0-000-000): 040-1-002-002 or, Account Number (PPP000000): business personal property (Can be found on the tax bill or property record card) Total dollar amount you are requesting be abated: 621,494.54 $________________ Breakout based on amount of: taxes: $________________ 172,564.31 penalties: 1,807.15 $________________ interest: 434,782.01 $________________ prior year delinquency: $________________ other: $________________ 12,341.07 Briefly describe your abatement request. You may submit a letter with more details of your request. Please see memo and other supporting documentation attached. Required Attachments: x Copy of Tax Bill  Copy of Tax Payment History (attainable from Clerk/Treasurer’s Office) history omitted per Clerk/Treasurer's  Property Record Card x Office as it is >200pp long Digitally signed by Emily Stebbins-Wheelock (50085) Emily Stebbins-Wheelock DN: C=US, S=MA, L=Holyoke, O=ISO New England Inc, OU=USER ID - 600069772, OU=ISNE, CN=Emily Stebbins-Wheelock (50085), E=estebbins-wheelock@burlingtonelectric.com Signature ________________________________ Date __________________ (50085) 23 Jan 2026 Reason: I am approving this document Location: your signing location here Date: 2026-01-23 12:48:49 Foxit PhantomPDF Version: 9.7.0 This form received by: Date received: Page 3 of 57 To: Burlington Board of Tax Abatement From: Emily Stebbins-Wheelock, CFO and Manager of Strategy & Innovation Date: 23 January 2026 Re: Abatement request for McNeil Gasifier property The City of Burlington Electric Department (BED) respectfully requests that the Burlington Board of Tax Abatement (BTA) abate the outstanding tax liability for parcel 040-01-002-002, the defunct gasifier facility located next to the McNeil Generating Station. The gasifier facility was constructed in the 1990s by Future Energy Resource Corp (FERCO), a now-defunct Atlanta company, with much of the construction cost coming from a U.S. Department of Energy grant. The gasifier was the first phase of a three-phase project (including gas cleanup followed by gas turbine) that was never completed. FERCO for Chapter 11 reorganization in November of 2002. The court allowed FERCO to abandon the building in May of 2003 with liquidation Chapter 7 filed in August of 2004. At the time, City of Burlington attorneys working with the Chief Administrative Officer (CAO) concluded that chasing FERCO liquidation funds would be fruitless. City administration then consulted with McNeil Leddy & Sheahan’s bankruptcy specialist, who concluded the tax liability through the ground lease lay with the joint owners of McNeil: BED-50%, CVPS-20%, VPPSA- 19% and GMP-11%. City attorneys advised the CAO that the liability was uncollectible since it was one City department collecting from another. Moreover, the City Attorney’s Office was concerned that the other McNeil joint owners might sue if asked to pay on the basis of it being manifestly unjust and illegal: the tax bill had been in FERCO’s name. BED filed an abatement request in December 2007 and the subcommittee Board of Abatement recommended granting it. In January 2008 the full City Council requested further examination of the property’s ownership and the possibility of obtaining partial payment of taxes and removed the abatement request from the consent agenda. No further progress was made for some years and the outstanding liability continued unresolved. In 2014, BED found a contractor willing to pay and relocate the plant to upstate New York for $100,000. The McNeil joint owners formulated a proposal to take to the Board of Abatement that Burlington Electric Department 585 Pine Street Burlington, VT 05401 burlingtonelectric.com Phone (802) 865-7300 Page 4 of 57 would have paid $200,000 of the taxes with interest and penalties abated. The BTA recommended the plan to City Council, which approved it on August 11, 2014. Unfortunately, the contractor subsequently decided against moving forward and no further action was taken. In late 2019 and early 2020, the City’s CAO, City Attorney, and BED’s General Manager reengaged in discussions about the tax liability and agreed to bring another abatement request to the BTA. Due to the COVID-19 pandemic and subsequent transitions in the CAO and City Attorney position, however, an abatement request was not submitted at that time. BED respectfully requests abatement for the outstanding tax liability on the basis of its being uncollectible. The liability was incurred by FERCO, which ceased operations and was liquidated in 2004. BED and the other McNeil joint owners have paid their taxes on this property in full each year since FY2015. The City took appropriate measures circa 2003/2004 to obtain payment from FERCO and determined at the time that the liability was uncollectible from that entity. An abatement request for this property has been granted twice before by the BTA based on the same set of facts and circumstances articulated here. Thank you for your consideration of this request at your February 5, 2026 meeting. Page 5 of 57 040 1 002 002 040-1-002-002 BURLINGTON, VT Card: 1 of 1 Total Card Total Parcel Sheet Lot Unit# Bldg# Parcel ID Building Location111 INTERVALE RD APPR 500 / 500 PROPERTY LOCATION IN PROCESS APPRAISAL SUMMARY USE + IMP 500 / 500 111 INTERVALE RD Use Code Building Val Yard Items Land Size Land Val Total Val USE LAND 500 / 500 BURLINGTON, VT 05401 UE 500 0 1.00 0 500 ASSESSED 500 / 500 OWNERSHIP LEGAL DESCRIPTION BURLINGTON ELECTRIC DEPARTMENT CENTRAL VERMONT PUBLIC SERVICE Building Total 500 0 1.00 0 500 VERMONT PUBLIC POWER SUPPLY AUTHORITY Parcel Total 500 0 1.00 0 500 585 PINE ST Source 6 - Override Tot Val SF/Bld 0.06 Tot Val SF/Prcl 0.06 Lot Size BURLINGTON, VT 05401-0000 Total Land 0.00 PREVIOUS ASSESSMENTS Property ID: 4055 Land Unit Type SF Tx Yr Cat Use Bld Value Yard Items Land Size Land Val Total Appr Assessed Notes Date 2025 FV EU 500 0 1 0 500 500 2025/LDS 06/19/25 1:12:19 PM;06/19/2025 Occ C Type CITY 2024 FV EU 500 0 1 0 500 500 2024/LDS 06/14/24 11:54:51 AM; 06/14/2024 User Account PREVIOUS OWNER 2023 FV UE 500 0 1 0 500 500 2023/LDS 07/07/23 9:47:36 AM; FV 07/07/2023 14055 ran by Caitlin at Patriot 2022 FV UE 500 0 1 0 500 500 2022/LDS 08/25/22 10:15:25 AM; Year 08/25/2022 End GIS Coord 1 2021 FV UE 500 0 1 0 500 500 DS Patriot Support 01/11/2022 314871727273.00000000 GIS Coord 1 2020 FV UE 500 0 1 0 500 500 post BOA 06/23/2020 2019 FV UE 500 0 1 0 500 500 9.23.2019 09/23/2019 Insp Date Print Date / Time 1/23/2026 10:35 am Last Date / Time SALES INFORMATION NARRATIVE DESCRIPTION 6/21/24 12:30 pm This parcel contains 0.00000 SF of land mainly classified as Grantor Legal Ref Type Date Sale Price TSF Verif. NAL Notes BURLINGTON\jturner Exempt Util It has 1 building(s) first built in 1993 with a total of USER DEFINED 8,680 square feet. There are 1commercial unit(s). RAD: 90 OLD PID: OTHER ASSESSMENTS 49ELECTRIC Code Desc Amt Comm Int Amt State District: 3-02 BUILDING PERMITS ACTIVITIES CAD: Date Number Desc Amount Closed Status Fed. ID Notes Last Visit Date Result By 610 11/07/2024 CMP-24-487 Mechanical 11,781 12/05/2024 CLOSED Installation of one Mitsubishi mini split system with one outdoor unit and one indoor unit into Ship SPAN: PROPERTY FACTORS 07/08/2024 SIGN-24-22 Building Permit - Signs 07/08/2024 CLOSED 114-035-14055 Item Code Item Code % 04/13/2023 CBP-23-277 Building 75,000 A New Ground Mount Solar Array Accessory Dwl Util 1 Dis 1 B 100.00000000 Util 2 Dis 2 SH 0.00000000 09/14/1995 96-96148 900,000 10/05/1995 Z 95-95237 8,000 12/15/1994 I Z PriorID1c Util 3 Dis 3 SN 100.00000000 11/29/1994 00 Census Zone 1 EAE 100 PriorID2c F. Haz Zone 2 00 Topo Zone 3 PriorID3c Street 00 Traffic Assessor Map Exempt 040-1-002-000 LAND SECTION LUC LUC Desc Ft. # Units Depth U. Type L. Type Ft. Base V. Unit Prc Adj Prc NBC Ft. Mod. Inf 1 % Inf 2 % Inf 3 % Appr Alt LUC % Spec L.V. Juris L. Ft. Assessed Notes EU Exempt Util 1 0 SF SITE 1 2 0 090 1 0 0 1 0 Total AC/HA 0.00 Total SF/SM 1.00 Parcel LUC EU - Exempt Util P. NBC Desc INTERVALE Tot 0 Tot 0 Tot 0 Disclaimer: This Information is believed to be correct but is subject to change and is not guaranteed Property: 4055 | Bld: 4168 | Seq: 1 | Year: 2026 | Data As Of Date: 01/23/2026 | User: BURLINGTON\knosek | DB: Assess50Burlington Page 6 of 57 Parcel ID 040-1-002-002 Comments Sketch Exterior Information Condo Information Salvage Value GASIFIER PLANT NOT OPERABLE Type 483 - ELEC GENRTR Location FUTURE ENERGY RESOURCE CORP. DISOLVED Stry Hght Tot Units (Liv) Units 0 Tot 1 Floor Found S - SLAB % Own Frame S - Steel Name P. Wall MT - STEEL/METAL Sec Wall 0 Bath Features Res Breakdown Remodeling Roof Str FL - FLAT Full Bath 0 Rtng Floor No. Unit Rooms Bdrms Exterior Roof Cvr RM - RUBBER MEMB Add Full 0 Rtng Interior Color 3/4 Bath 0 Rtng Add. View Kitchen Add. 3/4 0 Rtng Shape Bath 1/2 Bath 0 Rtng Bld Name Plumb Add. 1/2 0 Rtng Bld Total Electric General Information Other Fix 0 Rtng Prcl Total Heating Grade A - AVERAGE General Year Blt 1993 Eff Yr Other Features Calc Ladder Alt LUC Kitchens 0 Rtng Base Rate 82.70 Depr 1,215,997 Juris Add Kit. 0 Rtng Size Adj 1.00000 Depr'd Total 122 Con Mod Fireplaces 0 Rtng Con Adj 0.89177 Juris Ft. 1.0000 WS Flues 0 Rtng Adj Prc $73.75 Spec. Features $0 Interior Information Avg Ht / Fl 12.00 Grade Ft. 1.00000 Lump Sum Depreciation P. Int Wall N - NONE Phys Con AV 16.8 Other Feat $21,699 Final Total $500 Sec Int Wall Functional NBH Mod 1.0000 Override Val 500.00 Partition N - NONE Economic O 99.99 NBC Infl 1.2000 Assmnt Ft. 1.0000 P. Floor OT - OTHER Special LUC Ft. 1.0000 Assessed Val $500 Sec Floor C - CONCRETE BMT Override Adj Tot (RCN) 1,216,119 Total $/SF $0.06 Mobile Home Bmt Floors Total 99.99% Depr % 99.99% Undepr $/SF 73.75000 Make Model Serial Year Color Sub Floors Comparable Sales Sub Areas Alt Areas Bmt Garage 0 Rtng Parcel ID Type Sale Date Price Code Desc Net Area Gross A. F. Area Sz Adj A. Rate AV Undepr Val S. Area Alt Type % Alt Tenants Qual %U Electric G - GOOD TFL 3RD FLOOR 2,625 2,625 2,625 2,625 73.75 193,594 UFL UNF 90 AV 100 Insulation G - GOOD FFL 1ST FLOOR 2,370 2,370 2,370 2,370 73.75 174,788 UFL UNF 90 AV 100 Int Vs Ext SFL 2ND FLOOR 2,370 2,370 2,370 2,370 73.75 174,788 UFL UNF 90 AV 100 Heat Fuel N - NONE UFL UPPR FLOOR 10,595 10,595 1,060 1,060 40.56 429,733 UFL UNF 90 AV 100 Heat UN - UNHEATED OVH OVERHANG 255 255 255 255 73.75 18,806 UFL UNF 90 AV 100 # Heat Sys 0 UFL UNF 90 AV 100 Heated % AC % UFL UNF 90 AV 100 Sol HW % Ctrl Vac % Com Wall % Sprink % 100 Avg Rtng Ind Val Building Totals 18,215 18,215 8,680 8,680 991,708 Parcel Totals 18,215 18,215 8,680 8,680 991,708 Special Features / Yard Items Code Desc A Y/S Qty Size Qual Con Year Unit Prc D/S Depr % LUC Ft. NBC Ft. Juris Ft. Appr Val Assessed Image SHDB SHED BR/CB D Y 1 144.00 C AV 1995 20.66 T 36.4% 1 1.2 1 2,100 2,100 SHD SHED/FR D Y 1 360.00 C AV 1993 13.21 T 39.2% 1 1.2 1 2,800 2,800 SHDM SHD MTL. VNL D Y 1 168.00 C AV 1995 8.10 T 36.4% 1 1.2 1 900 900 GAR GARAGE D Y 1 672.00 D FR 1995 34.94 T 45.5% 1 1.2 1 10,800 10,800 PAVC PAVING CONC D Y 1 400.00 C AV 1995 4.00 T 52% 1 1.2 1 1,300 1,300 SHD SHED/FR D Y 1 224.00 D FR 1995 13.21 T 45.5% 1 1.2 1 1,300 1,300 Building Totals Yard Item Appr 19,200 Special Feature Appr 19,200 19,200 Parcel Totals Yard Item Appr 19,200 Special Feature Appr 19,200 19,200 Disclaimer: This Information is believed to be correct but is subject to change and is not guaranteed Property: 4055 | Bld: 4168 | Seq: 1 | Year: 2026 | Data As Of Date: 01/23/2026 | User: BURLINGTON\knosek | DB: Assess50Burlington Page 7 of 57 Page 8 of 57 Page 9 of 57 01/23/2026 City of Burlington Tax Administration Page 1 of 8 09:07 am Tax Year Status Report tisham Parcel 040-1-002-002 All Tax Years Parcel Tax Year Name Pmt Principal Interest Penalty Other Credits Disc. Total -------------------------------------------------------------------------------- 040-1-002-002 2003 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 2799.57 0.00 0.00 2,799.57 C 1 11,660.69 2740.32 0.00 0.00 0.00 0.00 14,401.01 U 2 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25 M 3 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25 4 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25 -------------------------------------------------------------------------------- Total 46,642.76 97719.00 0.00 2799.57 0.00 0.00 147,161.33 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 11,660.69 0.00 0.00 0.00 0.00 0.00 11,660.69 I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 11,660.69 0.00 0.00 0.00 0.00 0.00 11,660.69 D Misc 0.00 0.00 0.00 2799.57 0.00 0.00 2,799.57 U 1 0.00 2740.32 0.00 0.00 0.00 0.00 2,740.32 E 2 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25 3 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25 4 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25 -------------------------------------------------------------------------------- Total 34,982.07 97719.00 0.00 2799.57 0.00 0.00 135,500.64 040-1-002-002 2004 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 4024.33 0.00 0.00 4,024.33 C 1 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00 U 2 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00 M 3 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00 4 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00 -------------------------------------------------------------------------------- Total 50,291.64 135788.36 0.00 4024.33 0.00 0.00 190,104.33 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D Misc 0.00 0.00 0.00 4024.33 0.00 0.00 4,024.33 U 1 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00 E 2 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00 3 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00 4 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00 -------------------------------------------------------------------------------- Total 50,291.64 135788.36 0.00 4024.33 0.00 0.00 190,104.33 Page 10 of 57 01/23/2026 City of Burlington Tax Administration Page 2 of 8 09:07 am Tax Year Status Report tisham Parcel 040-1-002-002 All Tax Years Parcel Tax Year Name Pmt Principal Interest Penalty Other Credits Disc. Total -------------------------------------------------------------------------------- 040-1-002-002 2005 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 4846.12 0.00 0.00 4,846.12 C 1 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79 U 2 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79 M 3 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79 4 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79 -------------------------------------------------------------------------------- Total 60,564.04 156255.12 0.00 4846.12 0.00 0.00 221,665.28 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D Misc 0.00 0.00 0.00 4846.12 0.00 0.00 4,846.12 U 1 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79 E 2 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79 3 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79 4 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79 -------------------------------------------------------------------------------- Total 60,564.04 156255.12 0.00 4846.12 0.00 0.00 221,665.28 040-1-002-002 2006 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 321.44 0.00 0.00 321.44 C 1 1,001.38 2472.51 40.06 0.00 0.00 0.00 3,513.95 U 2 1,001.38 2442.47 40.06 0.00 0.00 0.00 3,483.91 M 3 1,001.38 2402.41 40.06 0.00 0.00 0.00 3,443.85 4 1,001.38 2372.38 40.06 0.00 0.00 0.00 3,413.82 -------------------------------------------------------------------------------- Total 4,005.52 9689.77 160.24 321.44 0.00 0.00 14,176.97 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D Misc 0.00 0.00 0.00 321.44 0.00 0.00 321.44 U 1 1,001.38 2472.51 40.06 0.00 0.00 0.00 3,513.95 E 2 1,001.38 2442.47 40.06 0.00 0.00 0.00 3,483.91 3 1,001.38 2402.41 40.06 0.00 0.00 0.00 3,443.85 4 1,001.38 2372.38 40.06 0.00 0.00 0.00 3,413.82 -------------------------------------------------------------------------------- Total 4,005.52 9689.77 160.24 321.44 0.00 0.00 14,176.97 Page 11 of 57 01/23/2026 City of Burlington Tax Administration Page 3 of 8 09:07 am Tax Year Status Report tisham Parcel 040-1-002-002 All Tax Years Parcel Tax Year Name Pmt Principal Interest Penalty Other Credits Disc. Total -------------------------------------------------------------------------------- 040-1-002-002 2007 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 342.61 0.00 0.00 342.61 C 1 1,067.52 2509.80 42.70 0.00 0.00 0.00 3,620.02 U 2 1,067.52 2477.76 42.70 0.00 0.00 0.00 3,587.98 M 3 1,067.52 2435.04 42.70 0.00 0.00 0.00 3,545.26 4 1,067.52 2403.00 42.70 0.00 0.00 0.00 3,513.22 -------------------------------------------------------------------------------- Total 4,270.08 9825.60 170.80 342.61 0.00 0.00 14,609.09 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D Misc 0.00 0.00 0.00 342.61 0.00 0.00 342.61 U 1 1,067.52 2509.80 42.70 0.00 0.00 0.00 3,620.02 E 2 1,067.52 2477.76 42.70 0.00 0.00 0.00 3,587.98 3 1,067.52 2435.04 42.70 0.00 0.00 0.00 3,545.26 4 1,067.52 2403.00 42.70 0.00 0.00 0.00 3,513.22 -------------------------------------------------------------------------------- Total 4,270.08 9825.60 170.80 342.61 0.00 0.00 14,609.09 040-1-002-002 2008 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 C 1 1,106.03 2510.62 88.48 0.00 0.00 0.00 3,705.13 U 2 1,106.03 2477.44 88.48 0.00 0.00 0.00 3,671.95 M 3 1,106.03 2433.20 88.48 0.00 0.00 0.00 3,627.71 4 1,106.03 2400.02 88.48 0.00 0.00 0.00 3,594.53 -------------------------------------------------------------------------------- Total 4,424.12 9821.28 353.92 1.00 0.00 0.00 14,600.32 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 U 1 1,106.03 2510.62 88.48 0.00 0.00 0.00 3,705.13 E 2 1,106.03 2477.44 88.48 0.00 0.00 0.00 3,671.95 3 1,106.03 2433.20 88.48 0.00 0.00 0.00 3,627.71 4 1,106.03 2400.02 88.48 0.00 0.00 0.00 3,594.53 -------------------------------------------------------------------------------- Total 4,424.12 9821.28 353.92 1.00 0.00 0.00 14,600.32 Page 12 of 57 01/23/2026 City of Burlington Tax Administration Page 4 of 8 09:07 am Tax Year Status Report tisham Parcel 040-1-002-002 All Tax Years Parcel Tax Year Name Pmt Principal Interest Penalty Other Credits Disc. Total -------------------------------------------------------------------------------- 040-1-002-002 2009 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 C 1 1,145.45 2461.77 91.64 0.00 0.00 0.00 3,698.86 U 2 1,145.45 2427.42 91.64 0.00 0.00 0.00 3,664.51 M 3 1,145.45 2381.62 91.64 0.00 0.00 0.00 3,618.71 4 1,145.45 2347.27 91.64 0.00 0.00 0.00 3,584.36 -------------------------------------------------------------------------------- Total 4,581.80 9618.08 366.56 1.00 0.00 0.00 14,567.44 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 U 1 1,145.45 2461.77 91.64 0.00 0.00 0.00 3,698.86 E 2 1,145.45 2427.42 91.64 0.00 0.00 0.00 3,664.51 3 1,145.45 2381.62 91.64 0.00 0.00 0.00 3,618.71 4 1,145.45 2347.27 91.64 0.00 0.00 0.00 3,584.36 -------------------------------------------------------------------------------- Total 4,581.80 9618.08 366.56 1.00 0.00 0.00 14,567.44 040-1-002-002 2010 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 C 1 1,210.01 2456.30 96.80 0.00 0.00 0.00 3,763.11 U 2 1,210.01 2420.00 96.80 0.00 0.00 0.00 3,726.81 M 3 1,210.01 2371.60 96.80 0.00 0.00 0.00 3,678.41 4 1,210.01 2335.30 96.80 0.00 0.00 0.00 3,642.11 -------------------------------------------------------------------------------- Total 4,840.04 9583.20 387.20 1.00 0.00 0.00 14,811.44 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 U 1 1,210.01 2456.30 96.80 0.00 0.00 0.00 3,763.11 E 2 1,210.01 2420.00 96.80 0.00 0.00 0.00 3,726.81 3 1,210.01 2371.60 96.80 0.00 0.00 0.00 3,678.41 4 1,210.01 2335.30 96.80 0.00 0.00 0.00 3,642.11 -------------------------------------------------------------------------------- Total 4,840.04 9583.20 387.20 1.00 0.00 0.00 14,811.44 Page 13 of 57 01/23/2026 City of Burlington Tax Administration Page 5 of 8 09:07 am Tax Year Status Report tisham Parcel 040-1-002-002 All Tax Years Parcel Tax Year Name Pmt Principal Interest Penalty Other Credits Disc. Total -------------------------------------------------------------------------------- 040-1-002-002 2011 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 C 1 1,144.74 2186.94 91.58 0.00 0.00 0.00 3,423.26 U 2 1,144.74 2152.59 91.58 0.00 0.00 0.00 3,388.91 M 3 1,144.74 2106.79 91.58 0.00 0.00 0.00 3,343.11 4 1,144.74 2072.44 91.58 0.00 0.00 0.00 3,308.76 -------------------------------------------------------------------------------- Total 4,578.96 8518.76 366.32 1.00 0.00 0.00 13,465.04 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 U 1 1,144.74 2186.94 91.58 0.00 0.00 0.00 3,423.26 E 2 1,144.74 2152.59 91.58 0.00 0.00 0.00 3,388.91 3 1,144.74 2106.79 91.58 0.00 0.00 0.00 3,343.11 4 1,144.74 2072.44 91.58 0.00 0.00 0.00 3,308.76 -------------------------------------------------------------------------------- Total 4,578.96 8518.76 366.32 1.00 0.00 0.00 13,465.04 040-1-002-002 2012 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 C 1 2.84 0.53 0.23 0.00 0.00 0.00 3.60 U 2 2.84 0.44 0.23 0.00 0.00 0.00 3.51 M 3 2.84 0.32 0.23 0.00 0.00 0.00 3.39 4 2.84 5.06 0.23 0.00 0.00 0.00 8.13 -------------------------------------------------------------------------------- Total 11.36 6.35 0.92 1.00 0.00 0.00 19.63 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 2.84 0.53 0.23 0.00 0.00 0.00 3.60 I 2 2.84 0.44 0.23 0.00 0.00 0.00 3.51 D 3 2.84 0.32 0.23 0.00 0.00 0.00 3.39 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 8.52 1.29 0.69 0.00 0.00 0.00 10.50 D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 U 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 E 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 2.84 5.06 0.23 0.00 0.00 0.00 8.13 -------------------------------------------------------------------------------- Total 2.84 5.06 0.23 1.00 0.00 0.00 9.13 Page 14 of 57 01/23/2026 City of Burlington Tax Administration Page 6 of 8 09:07 am Tax Year Status Report tisham Parcel 040-1-002-002 All Tax Years Parcel Tax Year Name Pmt Principal Interest Penalty Other Credits Disc. Total -------------------------------------------------------------------------------- 040-1-002-002 2013 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 C 1 2.85 5.00 0.23 0.00 0.00 0.00 8.08 U 2 2.85 4.91 0.23 0.00 0.00 0.00 7.99 M 3 2.85 4.79 0.23 0.00 0.00 0.00 7.87 4 2.85 4.70 0.23 0.00 0.00 0.00 7.78 -------------------------------------------------------------------------------- Total 11.40 19.40 0.92 1.00 0.00 0.00 32.72 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 U 1 2.85 5.00 0.23 0.00 0.00 0.00 8.08 E 2 2.85 4.91 0.23 0.00 0.00 0.00 7.99 3 2.85 4.79 0.23 0.00 0.00 0.00 7.87 4 2.85 4.70 0.23 0.00 0.00 0.00 7.78 -------------------------------------------------------------------------------- Total 11.40 19.40 0.92 1.00 0.00 0.00 32.72 040-1-002-002 2014 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 C 1 2.95 4.65 0.24 0.00 0.00 0.00 7.84 U 2 2.95 4.56 0.24 0.00 0.00 0.00 7.75 M 3 2.95 4.44 0.24 0.00 0.00 0.00 7.63 4 2.95 4.35 0.24 0.00 0.00 0.00 7.54 -------------------------------------------------------------------------------- Total 11.80 18.00 0.96 1.00 0.00 0.00 31.76 P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 U 1 2.95 4.65 0.24 0.00 0.00 0.00 7.84 E 2 2.95 4.56 0.24 0.00 0.00 0.00 7.75 3 2.95 4.44 0.24 0.00 0.00 0.00 7.63 4 2.95 4.35 0.24 0.00 0.00 0.00 7.54 -------------------------------------------------------------------------------- Total 11.80 18.00 0.96 1.00 0.00 0.00 31.76 Page 15 of 57 01/23/2026 City of Burlington Tax Administration Page 7 of 8 09:07 am Tax Year Status Report tisham Parcel 040-1-002-002 All Tax Years Parcel Tax Year Name Pmt Principal Interest Penalty Other Credits Disc. Total -------------------------------------------------------------------------------- 040-1-002-002 2015 BURLINGTON ELECTRIC DEPARTMENT A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 C 1 3.14 0.00 0.00 0.00 0.00 0.00 3.14 U 2 3.14 0.00 0.00 0.00 0.00 0.00 3.14 M 3 3.14 0.25 0.25 0.00 0.00 0.00 3.64 4 3.14 0.16 0.25 0.00 0.00 0.00 3.55 -------------------------------------------------------------------------------- Total 12.56 0.41 0.50 1.00 0.00 0.00 14.47 P Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 A 1 3.14 0.00 0.00 0.00 0.00 0.00 3.14 I 2 3.14 0.00 0.00 0.00 0.00 0.00 3.14 D 3 3.14 0.25 0.25 0.00 0.00 0.00 3.64 4 3.14 0.16 0.25 0.00 0.00 0.00 3.55 -------------------------------------------------------------------------------- Total 12.56 0.41 0.50 1.00 0.00 0.00 14.47 D Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 U 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 E 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Page 16 of 57 01/23/2026 City of Burlington Tax Administration Page 8 of 8 09:07 am Tax Year Status Report tisham Parcel 040-1-002-002 All Tax Years Pmt Principal Interest Penalty Other Credits Disc. Total -------------------------------------------------------------------------------- -------------------- Summary Tax Status Report -------------------- A ----------------------------------------------------------------------------- C Misc 0.00 0.00 0.00 12342.07 0.00 0.00 12,342.07 C 1 46,061.52 90359.31 451.96 0.00 0.00 0.00 136,872.79 U 2 46,061.52 119078.02 451.96 0.00 0.00 0.00 165,591.50 M 3 46,061.52 118810.89 452.21 0.00 0.00 0.00 165,324.62 4 46,061.52 118615.11 452.21 0.00 0.00 0.00 165,128.84 -------------------------------------------------------------------------------- Total 184,246.08 446863.33 1808.34 12342.07 0.00 0.00 645,259.82 P Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00 A 1 11,666.67 0.53 0.23 0.00 0.00 0.00 11,667.43 I 2 5.98 0.44 0.23 0.00 0.00 0.00 6.65 D 3 5.98 0.57 0.48 0.00 0.00 0.00 7.03 4 3.14 0.16 0.25 0.00 0.00 0.00 3.55 -------------------------------------------------------------------------------- Total 11,681.77 1.70 1.19 1.00 0.00 0.00 11,685.66 D Misc 0.00 0.00 0.00 12341.07 0.00 0.00 12,341.07 U 1 34,394.85 90358.78 451.73 0.00 0.00 0.00 125,205.36 E 2 46,055.54 119077.58 451.73 0.00 0.00 0.00 165,584.85 3 46,055.54 118810.32 451.73 0.00 0.00 0.00 165,317.59 4 46,058.38 118614.95 451.96 0.00 0.00 0.00 165,125.29 -------------------------------------------------------------------------------- Total 172,564.31 446861.63 1807.15 12341.07 0.00 0.00 633,574.16 Page 17 of 57 01/23/26 City of Burlington Tax Administration Page 1 of 2 09:08 am Cash Receipts Report tisham Parcel 040-1-002-002, With Parcel Detail Parcel Year Name/Location Date Deposit Check # Receipt Amount ------------------------------------------------------------------------------------------------------------------------------------ 040-1-002-002 2003 BURLINGTON ELECTRIC :111 INTERVALE RD 08/12/02 0.0 PAID AMO UNT 11,660.69 040-1-002-002 2015 BURLINGTON ELECTRIC :111 INTERVALE RD 11/18/14 179391.0 51471 KMD 6.28 ---------------- Parcel Total 11,666.97 Page 18 of 57 01/23/26 City of Burlington Tax Administration Page 2 of 2 09:08 am Cash Receipts Report tisham Parcel 040-1-002-002, With Parcel Detail -------------------- Cash Receipts Report Summary -------------------- -------------------------------------------------------------------------------- 2003 Principal Interest Penalty Other Credits Total -------------------------------------------------------------------------------- Misc. 0.00 0.00 0.00 0.00 0.00 0.00 Payment 1 11660.69 0.00 0.00 0.00 0.00 11660.69 Payment 2 0.00 0.00 0.00 0.00 0.00 0.00 Payment 3 0.00 0.00 0.00 0.00 0.00 0.00 Payment 4 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 11660.69 0.00 0.00 0.00 0.00 11660.69 Total Checks:$11,660.69 2015 Principal Interest Penalty Other Credits Total -------------------------------------------------------------------------------- Misc. 0.00 0.00 0.00 0.00 0.00 0.00 Payment 1 3.14 0.00 0.00 0.00 0.00 3.14 Payment 2 3.14 0.00 0.00 0.00 0.00 3.14 Payment 3 0.00 0.00 0.00 0.00 0.00 0.00 Payment 4 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 6.28 0.00 0.00 0.00 0.00 6.28 Total Checks:$6.28 Total Principal Interest Penalty Other Credits Total -------------------------------------------------------------------------------- Misc. 0.00 0.00 0.00 0.00 0.00 0.00 Payment 1 11663.83 0.00 0.00 0.00 0.00 11663.83 Payment 2 3.14 0.00 0.00 0.00 0.00 3.14 Payment 3 0.00 0.00 0.00 0.00 0.00 0.00 Payment 4 0.00 0.00 0.00 0.00 0.00 0.00 -------------------------------------------------------------------------------- Total 11666.97 0.00 0.00 0.00 0.00 11666.97 Total Checks:$11,666.97 Total Current Years: $0.00 Total Previous Years: $11,666.97 Total of Receipts: $11,666.97 Page 19 of 57  OFFICE OF THE CLERK/TREASURER City of Burlington ________________________________________ City Hall, Room 20, 149 Church Street, Burlington, VT 05401 Voice (802) 865-7000 Deaf/Hard of Hearing 711 To: Beth Anderson From: Jeffrey Herwood Date: 4/25/2019 Re: Future Energy Resource Corp (FERCO) Future Energy Resource Corp (FERCO), now a defunct Atlanta company, built a gasifier demonstration project at the McNeil Station in the 1990’s with much of the construction cost coming from the US Department of Energy. This was the first phase which would have led to the installation of a gas turbine. The plan was to utilize the energy created in the cleanup system to further power the turbine making it more efficient. The company filed for reorganization Chapter 11 in November of 2002 and the court allowed them to abandon the building in May of 2003 with liquidation Chapter 7 filed in August of 2004. City of Burlington attorneys working with the Chief Administrative Officer concluded that chasing FERCO liquidation funds would be fruitless. The administration then consulted with McNeil Leddy’s bankruptcy specialist who concluded the tax liability through the ground lease lay with the joint owners of McNeil; BED-50%, CVPS-20%, VPPSA-19% and GMP-11%. COB attorneys advised the CAO the liability uncollectible since it was one City department collecting from another. Moreover the attorney’s office was concerned the joint partners would sue if asked to pay on the basis of it being manifestly unjust and illegal- the tax bill had been in FERCO’s name The abatement request went to the subcommittee Board of Abatement who recommended granting it. In January of 2008 the full City Council requested further examination of the ownership and the possibility of obtaining partial payment of taxes and took off consent the abatement request. No further progress was made and continued unresolved. In 2014 BED found a contractor willing to pay and relocate the plant to upstate NY for $100,000. McNeil partners formulated a plan to take to the Board of Abatement; the partners would come up with $100,000 in addition to the abovementioned for a total of $200,000 which would pay off the delinquent taxes, this contingent on interest and penalty being abated. The request went to the sub board who recommended the plan which the CC approved on 8/11/2014. Unfortunately, the contractor decided against moving forward and no further action has been made. Page 20 of 57 Page 21 of 57 Page 22 of 57 Page 23 of 57 Page 24 of 57 Page 25 of 57 Page 26 of 57 Page 27 of 57 Page 28 of 57 Page 29 of 57 Page 30 of 57 Page 31 of 57 Page 32 of 57 Page 33 of 57 Page 34 of 57 Page 35 of 57 Page 36 of 57 Page 37 of 57 Page 38 of 57 Page 39 of 57 Page 40 of 57 Page 41 of 57 Page 42 of 57 Page 43 of 57 Page 44 of 57 Page 45 of 57 Page 46 of 57 Page 47 of 57 Page 48 of 57 Page 49 of 57 Page 50 of 57 Page 51 of 57 Page 52 of 57 Page 53 of 57 Page 54 of 57 Page 55 of 57 Page 56 of 57 Page 57 of 57