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Selectmen debate TIF spending after paying architects for stalled projects; oversight rubrics to be revisited

Selectmen · December 19, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Board members questioned whether downtown TIF funds should cover architectural and preconstruction fees for projects that may not be completed, and agreed to revisit oversight rubrics and committee procedures to create stronger safeguards.

Concerns about downtown Tax Increment Financing (TIF) usage and oversight dominated a lengthy portion of the meeting, with at least one member saying the town has paid architectural fees without seeing final projects completed.

Unidentified Speaker 5 raised the issue citing previous projects where owners declined to complete work after design costs were paid with TIF money. “I have a major problem with that,” the…

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