FARMINGTON — Franklin County commissioners opened three consulting proposals Tuesday to make changes to the county’s 2008 Unorganized Territory tax-increment financing district. Commissioners voted to postpone making a decision until county Clerk Julie Magoon reviews the proposals to make sure all of the commissioners’ specifications are contained in the proposal. It is expected commissioners will […]
tax increment financing
Posted inFranklin, The Franklin Journal
Franklin County to look at amending TIF agreement with TransCanada
FARMINGTON — Franklin County has received $2.29 million so far under a 2008 tax-increment financing enhancement agreement it has with TransCanada Maine Wind Development Inc. related to Kibby Wind Power. Franklin County commissioners also approved grants in the amount of $390,553 for improvements to trails and scenic byway areas and other projects since March 2012 […]
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Posted inFranklin, The Franklin Journal
Tax rate expected to rise in Jay
JAY — Selectpersons intend to set the tax rate Tuesday, Aug. 26, at a special meeting, Town Manager Shiloh LaFreniere said Friday. The meeting will be held at 4 p.m. at the Town Office. The rate is expected to rise, but she does not know how much at this time, LaFreniere said. The current rate […]
Posted inFranklin, The Franklin Journal
Proposed $100,000 TIF budget going to Livermore Falls voters
LIVERMORE FALLS — Residents will be asked Tuesday, Aug. 19, to consider approving a proposed $100,000 tax-increment finance district budget that is expected to raise taxes on a $100,000 property by $30. The amount is estimated to increase the tax rate from $20.80 per $1,000 of valuation to $21.10 per $1,000 valuation, Town Manager Kristal […]
Posted inOxford Hills
Fryeburg precision drilling manufacturer to add 60 jobs
FRYEBURG — Advanced precision-technologies manufacturer Hunting Dearborn plans to expand its Maine facility, creating up to 60 jobs over the next five years. In a news release last week, company officials said the move was to meet increased demand for its products. It sells to markets in the U.S. and overseas. In the release, Robert Newton, […]
Posted inFranklin, The Franklin Journal
Livermore Falls board to discuss next steps for TIF
LIVERMORE FALLS — Selectmen will hold a special meeting Wednesday to discuss the next steps for the municipal tax-increment financing district. It is set for 5:30 p.m. at the Town Office. The board will meet with either consultant John Cleveland or Nate Libby from the Community Dynamics Corp. in Auburn. The discussion will be on […]
Posted inFranklin
Commissioner approves Livermore Falls municipal TIF application
LIVERMORE FALLS — The commissioner of the Maine Department of Economic and Community Development has approved the town’s application to create a municipal tax-increment financing district, Town Manager Kristal Flagg said. The application was approved because it met the statutory requirements needed of an application after local legislative body approval, Laura “Smitty” Santini-Smith, director of […]
Posted inFranklin, The Franklin Journal
Livermore Falls voters approve creation of TIF district
LIVERMORE FALLS — Residents voted Thursday to approve a development municipal tax-increment financing district and authorized selectmen to submit a TIF application to the state. Voters also agreed to eliminate an existing TIF connected to the former Otis Mill that closed in 2009. More than 30 voters turned out for the special town meeting at […]
Posted inFranklin, The Franklin Journal
Livermore Falls voters to consider creating TIF district
LIVERMORE FALLS — Voters will be asked Thursday to approve an application for a tax-increment financing district to submit to the state to capture 90 percent of an estimated $14 million upgrade at CMP’s substation. The special town meeting vote will be held 6:30 p.m. at the Town Office. The goal is to improve economic […]
Posted inFranklin, The Franklin Journal
Salem Township woman appointed to TIF committee
FARMINGTON — Franklin County commissioners voted Tuesday to appoint Leanna Target of Salem Township to a review committee to grade and make recommendations on a tax increment financing grant and scholarship applications. Target is the administrative assistant for the town of Kingfield. Commissioners also accepted the resignation of Ginni Robie of Madrid Township from the […]