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Economic Development Commission members call for simpler TIF ordinance and stress it will not raise residents' taxes

Economic Development Commission · January 7, 2025
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Summary

At its Jan. 7 meeting, the Economic Development Commission reviewed a draft tax-increment financing (TIF) ordinance. Participants sought clearer, simpler wording and agreed that public materials should emphasize the ordinance would not create a tax burden on residents.

The Economic Development Commission (EDC) reviewed a draft tax-increment financing (TIF) ordinance at its Jan. 7 meeting. Guest presenter Mike Tardiff reviewed the current draft and invited feedback from commissioners, planning officials and members of the public.

According to the meeting minutes, participants expressed broad consensus that the draft ordinance should be simplified to make it easier for residents to understand, and that written materials should explicitly emphasize that the TIF would not create a tax burden on residents.

Chairperson Rich Pelletier presided. Other attendees listed in the record included Vice Chairperson Riche’ Colcombe; commissioners Kim Opperman and Bob Nash; Town Administrator Laura Buono; Planning Director Robyn Payson; Superintendent of Schools Jennifer Crawford; members of the Planning Board and Water/Sewer Department staff; and members of the public, including Larry Baker and Beth Crouch. Sam Ivanov and Chamber representative Keith Cobbett were recorded as excused.

The meeting record does not show a vote on adopting the ordinance or formal amendments to the draft. The minutes state only that the draft was reviewed and that the consensus feedback was for simpler language and a clear assurance regarding tax impact.

Commissioner Jennifer Crawford moved to adjourn; Commissioner Kim Opperman seconded. The meeting adjourned at 6:53 p.m. The minutes were submitted by Planning Director Robyn Payson.

What happens next: The minutes do not specify next steps or a timeline for revisions to the TIF ordinance; the record does not show a formal vote or referral to a specific committee for redrafting.