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Council renews CTV Corporation tax abatements tied to conference-center expansion
Summary
Milford council voted to renew two tax abatements (real property and personal property) for CTV Corporation, confirming the company remains in compliance with the original 2021 terms, councilors said.
Representatives for CTV Corporation appeared before the council to request renewal of two abatements linked to the company's 2021 expansion of the conference center. The applicant said the company has exceeded earlier projections on jobs and wage base and that the $21 million project investment and current employment metrics meet the previously agreed terms.
Councilors asked whether a conflict existed due to personal donations to a council member's school program; they discussed abstention and then voted to renew both the real-property and personal-property abatements. The council instructed the clerk to phrase the renewal paperwork to reflect acknowledgement of compliance rather than a new abatement.
