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Avon council approves CF-1 compliance form for RISE tax abatement
Summary
The Avon Town Council unanimously approved the CF-1 compliance form for a tax abatement for the RISE development, after the developer and town staff clarified project timing, occupancy and job counts.
The Avon Town Council on June 26 unanimously approved a CF-1 tax-abatement compliance form for the RISE development after hearing updates from town economic-development staff and the developer.
The council’s vote cleared a required annual certification tied to the project’s tax-abatement agreement. John Taylor, Economic Development, introduced the item and invited the developer’s representatives to address questions about construction delays, occupancy and job counts.
Developer representative Ethan Michael, identified in the meeting as the project CFO, told the council, “We have been open a year…
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