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TIF Redevelopment Agreementpending

town-of-monticello-agenda-2025-02-10_0f9.pdf

TIF Redevelopment Agreement Considered for Heath Properties

NATown of MonticelloHEATH PROPERTIESFebruary 10, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Monticello is considering a TIF redevelopment agreement with Heath Properties, LLC. TIF agreements help to finance development by dedicating future property tax revenue increases to project costs.

Contract Details

Contract Amount

NA

Vendor

HEATH PROPERTIES

Agency

Town of Monticello, ME

Contract Type

TIF Redevelopment Agreement

Document Date

February 10, 2025

Contract Term

NA

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