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County staff says tax-credit financing work continues for New England Outdoor Center; March filing cited as urgent
Summary
County staff reported ongoing negotiations with the Hammond Bridge group and the New England Outdoor Center on a tax-credit finance program, said filing before March could secure treatment for an existing $2.5 million asset, and promised detailed follow-up in January.
County staff told the Penobscot County Commission on Dec. 11 that negotiations are continuing with private partners on a tax-credit financing program linked to the New England Outdoor Center and that commissioners should expect a fuller briefing in January.
A staff member reported a recent meeting with Hammond Bridge representatives, lawyers and the owner of the Gonzales Center to take a "30,000-foot view" of how a…
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