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Selectmen reaffirm five‑year RSA 79‑E tax relief for 538 Main Street redevelopment
Summary
After a brief public hearing with no public speakers, the Farmington Board of Selectmen reaffirmed an earlier vote to grant a five‑year RSA 79‑E Community Revitalization tax incentive for the proposed redevelopment of 538 Main Street into 11 units; motion passed 5‑0.
The Farmington Board of Selectmen on April 20 held and closed a public hearing on an RSA 79‑E Community Revitalization Tax Relief application from William Murray for redevelopment of 538 Main Street into residential units. No public input was offered during the hearing.
Chairman Charlie King explained the board had previously considered the request but convened this hearing to comply with the statute’s public‑hearing requirement. Selectman John Scruton clarified that the project now proposes 11 units (down from 12 in earlier ZBA discussions) and noted a Planning Board parking waiver for the site.
Motion and outcome
Chairman Charlie King moved, and Ann Titus seconded, a motion to reaffirm the board’s earlier decision to grant RSA 79‑E tax relief for a five‑year term for 538 Main Street under the Community Revitalization tax incentive. The board voted 5‑0 to reaffirm the authorization.
What RSA 79‑E does
As discussed during the meeting, RSA 79‑E allows a municipality to enter into an agreement that temporarily caps property taxes on a rehabilitated or revitalized property at the current assessed rate for a fixed term to encourage downtown redevelopment. The board indicated the five‑year term had been the prior intent and reaffirmed that schedule.
Next steps
Staff will document the board’s vote in the meeting minutes and finalize any necessary paperwork to formalize the RSA 79‑E agreement with the applicant.
