Flowage rights deal signed with board
WOODSVILLE—The Haverhill Selectboard signed off on a deal last week to resolve existing litigation with the owner of the Wilder Dam over the value of flooding rights on the Connecticut River shoreline.
The agreement with Great River Hydro will also keep the two parties out of the courtroom for the next several years after they agreed on future payments in lieu of taxes. The town will receive $27,000 each year from 2021-2030 in lieu of levying property taxes on the hydroelectric’s company’s rights to flood shoreline. GRH does not actually own or maintain any physical property within the town.