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Board discusses home rule, branding and incentive tools to spur commercial growth
Summary
Trustees debated pursuing a home rule charter to gain tools such as tax increment financing (TIF) and urban renewal authorities, talked about hiring a business development manager, and discussed branding and property‑level risk‑reduction strategies to attract development.
Wellington trustees used the May 20 work session to discuss structural changes and incentives aimed at attracting commercial development, including home rule, tax tools and staffing.
Several trustees said pursuing a home rule charter should be a top priority. “Home rule gives us more flexibility to work with developers,” one trustee said, proposing an education and outreach campaign and noting a budget item of about $70,000 as a minimum based on other towns’ recent efforts.…
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