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 […]
TIF
Posted inLewiston-Auburn
New downtown Lewiston hotel to open Wednesday
LEWISTON — A new Lincoln Street hotel will take in its first guests Wednesday. Owner Chris Thompson confirmed that the Hampton Inn will begin taking guests Sept. 10. “We wanted to get open as early as possible into the Bates College school year and certainly before the Dempsey Challenge,” Thompson said. “That was a big […]
advertisement
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
Livermore Falls residents approve $100,000 TIF budget
LIVERMORE FALLS — Residents voted by a 2-1 ratio Tuesday to approve a $100,000 tax-increment finance district budget. The move was expected to raise taxes by $30 on $100,000 property. Voters authorized town officials in February to capture up to 90 percent of the new value of Central Maine Power Co.’s $14 million upgrade at […]
Posted inLewiston-Auburn, Maine
Cleveland says work on Poland TIFs extensive
POLAND — A state senator who runs an economic development consulting firm said Tuesday that his work separating the accounting records for a pair of tax-increment financing districts the town maintains was more involved than he expected. State Sen. John Cleveland, D-Auburn, said to alleviate any misunderstanding he would stick to the rough initial estimate […]
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 inFranklin, The Franklin Journal
Livermore Falls officials discuss development of TIF budget
LIVERMORE FALLS — In order to keep the tax rate stable this year, the town would only be able to capture $50,000 of the $248,000 available from the tax-increment financing district, Town Manager Kristal Flagg said Tuesday. Flagg and selectmen Louise Chabot, Jim Collins and Ron Chadwick met with consultant John Cleveland, president of Community […]
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 inAdvertiser Democrat, Oxford Hills
Engineers estimate Oxford sewer system will go online next spring
OXFORD — Engineers expect Oxford’s proposed state-of-the-art wastewater treatment facility will be up and running by next spring. At a recent selectmen’s meeting, Woodard and Curran Vice-President Brent Bridges told town officials the bidding on the facility will begin by the end of the month. The building will be boxy, but designed to fit into […]
Posted inFranklin, The Franklin Journal
Town manager, consultant to discuss Livermore Falls TIF
LIVERMORE FALLS — Nate Libby of Community Dynamics Corp. will meet with Town Manager Kristal Flagg and possibly selectmen Tuesday, July 22, to discuss a budget for the tax-increment financing district. The meeting will be held at 2 p.m. at the Town Office. It is open to the public. Voters approved submitting a TIF district […]