A multi-year tax appeal settled for the commercial and hotel space at Carriage City Plaza yielded a combined refund of $85,000, a reduction of about 12.5 percent of its tax bill over the four disputed years.
A 219-unit development planned for Main Street has filed an application with the state Department of Environmental Protection (DEP) for a water main extension application, with consent from City Council.
Payments In Lieu Of Taxes (PILOTs) more than doubled in last year’s municipal budget, eclipsing $2 million after three new projects were added to the tax rolls. The spending plan for 2017 anticipates $1.3 million after the expiration of one five-year PILOT.
City Council is scheduled to vote on a $140,000 Special Improvement District (SID) budget for 2017 during its combined conference and regular meeting on June 12.
Work at the Center Circle site on Main Street, namely removing the athletic bubbles, could begin as soon as the fall if permits and other timelines are met, setting the stage for construction of a 219-unit development that gained approval early this year.
Developers of a two-building complex approved in the center of downtown will move forward on one building as they try to resolve issues with Amtrak on the second.
A concept plan presented to the Redevelopment Agency last week proposed a two-building, 174-unit rental complex that would reconfigure on-street parking across the river from downtown.