Pittsfield Subcommittee Supports Petricca TIFOn Monday, the Finance subcommittee voted in favor of a 10-year tax increment financing agreement for Unistress Corp.'s $4 million expansion at 550 Cheshire Road, which is expected to create 50 new jobs. Divided Williamstown Select Board Implements Senior Tax ExemptionThe annual town meeting overwhelmingly supported the home rule petition, which was waiting on approval from the legislature and the signature of the governor before the local property tax relief plan could be put into action. Williamstown Board Talks Tax Relief ImplementationIn May, town meeting members overwhelmingly decided to send a home-rule petition to Boston to allow the local tax relief program. Adams Special Town Meeting to Take Up Memorial School DevelopmentTown meeting members will decide nine articles at a special town meeting next week, including the disposition of the 72-year-old Memorial Building. Adams Theater Recommended for 10-Year Tax ExemptionThe STA is structured around the estimated $1.5 million in work to complete the Park Street theater for year-round use by 2026. Pittsfield Subcommittee Supports Holiday Inn TIF ExtensionThe Finance subcommittee on Monday recognized the pandemic's impact on business and the benefits of a new hotel. Pittsfield Holiday Inn Express Seeks Further TIF ExtensionThe company is seeking a second two-year extension on its TIF because of higher construction costs, supply chain disruptions, and the need to secure additional financing. Lanesborough Rebuff of Gold Star Exemption Dismays Pittsfield OfficialsPittsfield officials are disappointed that Lanesborough rejected a proposal for Gold Star family tax exemptions, clarifying that the city proudly adopted this years ago. Williamstown Select Board Looks at Property Tax Relief IdeasThe Select Board last week looked at a number of alternatives that could help the town make its property tax system a little more equitable. North Adams Council OKs Tourists Tax ExemptionThe City Council on Tuesday approved a tax agreement to support the $17 million redevelopment of the Blackinton woolen mill into 50 luxury hotel rooms. Tourists Presents Preliminary Plans for $17M ExpansionPartnership principal Benjamin Svenson and project manager Eric Kerns laid out a vision to the City Council on Tuesday to rejuvenate the century-old mill, bring in more revenue for the city and become a midway point on the bike trail between North Adams Williamstown. Mill Town Seeking TIF for Bousquet SportThe investment firm says the acquisition of Bousquet and Bousquet Sport, which are across the street from one another, would meet a growing future demand for outdoor recreation and wellness. |