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Selectmen move to activate TIF advisory committee and explore consultant support
Summary
Chair proposed activating the TIF advisory committee to consider spending roughly $250,000 in the TIF fund and said the town will meet with a development-marketing firm (Goman & York) for possible assistance; Chair cautioned no contract has been signed.
The Board of Selectmen voted to activate the town’s TIF (tax increment financing) advisory committee to advise on potential use of about $250,000 in the TIF fund for Mariners Way area improvements.
Chair said Bruce Carlson will chair the advisory group and explained the committee’s membership (selectmen, Board of Finance, planning, economic development, town planner, finance director and assessor). He said the committee will review any proposal before funds are spent and described an upcoming conversation with a development-marketing firm (transcribed as Goman & York) to explore options, stressing the town has not signed any contract and any expenditure would require committee recommendation plus Selectmen and Board of Finance approvals.
Members asked about potential price ranges for consultant work; Chair said the town will meet with the firm during the week of the 17th and that a subsequent recommendation would follow committee review. No spending authorization was approved at the meeting.
