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Redevelopment agency weighs triggering tax-increment period for Milford Solar 2; questions on dates, parcel list and unpaid economic grant
Summary
Beaver County’s redevelopment agency reviewed a developer request and staff recommendation to formally trigger the tax-increment period for the Milford Solar 2 project and flagged discrepancies in dates and parcel listings that staff must correct before final action.
Redevelopment agency members and county staff reviewed the status of the Milford Solar 2 project and discussed next steps for formally triggering tax-increment financing and confirming related obligations under the participation agreement.
Staff recommended that the RDA adopt a resolution authorizing a “trigger letter” to the county auditor stating the tax-increment period should be recorded as beginning March 1, 2024. Agency counsel explained that interlocal agreements governing the tax-increment participation use a March 1, 2024 date, and that other documents submitted by the developer had inconsistently cited March 1, 2025. The staff recommendation was to use March 1, 2024 as the operative date so that the auditor and taxing entities are placed on notice.
Agency counsel said the practical effect…
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