The TCLP board met on Tuesday evening and rejected the purchase agreement as well as voted 'no' on proposing a counter offer for the M-72 wind turbine purchase.
During the meeting, board members wanted to address some of the issues that were raised about the power purchase agreement as well as costs on moving forward regarding the sale.
Heritage Sustainable Energy, a Traverse City based company who owns and operates the McBain wind farm, wants to buy the wind turbine and keep it at its current location of M-72 and Bugai Rd.
Heritage would be responsible for repairing it, and all maintenance. TCLP would then purchase energy from the company from what it produces at the wind turbine.
Officials met with Heritage Sustainable Energy on Tuesday to look over the issues of concern. These issues will be put on the agenda for Aug. 12 to reconsider the proposal.
If the wind turbine is sold, this would mean Heritage would take over ownership, operating, as well as maintenance costs. This would also mean the risks and liabilities would be taken off the taxpayers of Traverse City.
The Turbine stopped working last fall and TCLP invited people bid and purchase it.
The wind turbine was originally installed in 1996 and was the first utility turbine in the United States. Officials are saying the technology of turbines have changed, and this one is no longer efficient.