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RDC notes Tilton apartment project letter of intent and discusses potential tax abatements, sewer compatibility
Summary
Commissioners said the council issued a letter of intent for the Tilton apartment project; no formal RDC funding requests were on the table and members discussed tax abatements and Nashville sewer expansion compatibility as items to coordinate with the town and commissioners.
Members raised the Tilton apartment project and said a letter of intent from the council exists but that no formal RDC financial mechanisms are currently pending. The Chair said, "I can tell you... we have no requests for any financial mechanisms coming through the RDC at this time," while other members confirmed a council letter of intent had been signed in support at the municipal level.
Commissioners briefly discussed tax abatements and whether the Nashville sewer expansion plan is compatible with proposed development; members agreed the RDC should coordinate with town officials and the county commissioners if and when a formal request for financial assistance or other RDC action is presented. No funding decision or formal request was made during the meeting.
