Saco councilor appointment, Army Corps to be decided April 12
Widespread internet outage on Monday evening means Saco s City Council agenda was postponed.
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Saco City Council had been poised to appoint a new councilor to fill the Ward 5 vacancy on Monday, among other business, but a widespread internet outage meant a postponement to April 12.
Courtesy Photo
SACO A widespread internet disruption on Monday evening means Saco City Council’s agenda including the appointment of a Ward 5 councilor, whether to act on an updated, formal letter of support to the U.S. Army Corps of Engineers on a partnership agreement for erosion control measures at Camp Ellis and a host of other items will be taken up next week.
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Saco approves TIF district to benefit transit projects
The new district also shelters tax revenue on the increased portion of assessment value as properties are developed.
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The Saco City Council approved sections along Route 1 and in Camp Ellis for a new tax increment finance district that would benefit transit related projects.
Courtesy image/City of Saco
SACO The City Council in Saco has approved a plan to shelter new tax revenue derived from increased growth in a new trnsit-related Tax Increment Financing District for the next 30 years.
The vote was 6 to 1, with Councilor Nathan Johnston, who had expressed concern about the size of the new district, dissenting. He said while there are benefits to TIF districts Saco has several there could come a point where the city is challenged with meeting demands on the city’s general fund.