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Town engineer outlines Exit 10 TIF bond to extend sewer, water and river crossing
Summary
Town engineer Bruce Thomas described Article 3, a proposed tax‑increment financing bond to fund a package of sewer and pump station upgrades and a river crossing in the Exit 10 area. Staff said the project plans to use captured TIF revenues and existing grants rather than new town tax dollars; schedule and easements remain to be finalized.
Bruce Thomas, the town engineer, presented Article 3 and described the Exit 10 TIF district and the infrastructure package the warrant article would fund. "The blue is the Hooksett TIF district," Thomas said, explaining that a TIF captures incremental tax value in a defined area to help fund public improvements. He told the committee the project scope includes a new river crossing, upgrades to an…
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