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Skowhegan approves Spinning Mill redevelopment loan, mulls a TIF to help project get back on track

Skowhegan approves Spinning Mill redevelopment loan, mulls a TIF to help project get back on track
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Skowhegan mill redevelopment scores first public loan to get back on track after flooding caused millions in damage

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. ....

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Construction now has to count on climate change

Letter ....

Ann Roberts , Solon Manufacturing ,

Skowhegan mill redevelopment halts after flood damage, owners urgently seek public loans

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. ....

United States , Somerset County , Jeff Hewett , Robert Sezak , Somerset Economic Development Corp , Skowhegan Economic Development Corp , High Tide Capital , Maine Spinning Co , Dash Davidson , Solon Manufacturing , Janet Mills , Executive Director Christian , Skowhegan Economic Development ,

Gov. Mills visits Skowhegan mill redevelopment project that suffered millions in flooding damage

Mills, along with state, county and local officials, toured the damage and offered her support, as the state begins to seek federal aid for the hardest hit areas following Monday's powerful storm. ....

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