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Council authorizes contract allowing Green Foundry to pursue TIF inclusion in Pumpkintown
Summary
The council approved a contract on Oct. 28 that allows a local foundry to pay for legal and mapping costs needed to seek inclusion in a Pumpkintown TIF area; the vote does not guarantee TIF funds, only lets the town proceed with the mapping/attorney work paid for by the applicant.
The South Berwick Town Council on Oct. 28 approved a contract that permits The Green Foundry—an arts fabricator planning a vocational-arts campus near Pumpkintown—to pay the town’s legal and mapping costs required for a possible addition to the town’s TIF (tax-increment financing) areas.
Joshua (Josh) Dow, owner of The Green Foundry, described plans to expand from a smaller shop into an 18.76-acre parcel near…
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