Skowhegan approves Spinning Mill redevelopment loan, mulls a TIF to help project get back on track centralmaine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centralmaine.com Daily Mail and Mail on Sunday newspapers.
A loan package totaling $200,000 from Somerset County and the Somerset Economic Development Corp. marks a starting point for more than $1 million in assistance the Spinning Mill project’s developers say they need after December’s flooding damage.
The Spinning Mill project suffered millions of dollars in flood damage in December’s historic storm, and its owners are now seeking financial assistance from state, county and town agencies to continue construction.
Start ME Up: From Portland to Presque Isle, an entrepreneur s guide to Maine regions mainebiz.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainebiz.biz Daily Mail and Mail on Sunday newspapers.
The nonprofit group Main Street Skowhegan recently received a $25,000 state grant and organizers say work could begin next summer on installing an adjustable whitewater wave for paddling and river surfing.