BERLIN â An off-road recreation park, a solar-powered pod line up Jericho Mountain, and three separate campgrounds â the Route 110 area near Jericho Mountain State Park is attracting attention from developers.
In response, the city is looking at economic incentives it can offer to encourage development and make infrastructure improvements there. With Benoit Lamontagne and Bridgett Beckwith from the N.H. Business and Economic Affairs attending via Zoom, the city council Monday discussed a variety of tax incentive proposals and federal funding opportunities.
The most sweeping idea is creating a Tax Increment Financing district under state regulations.
Beckwith said for a TIF district, the community defines an area that needs major infrastructure improvements to attract new investments.