Town of Dalton Annual Town Meeting Agenda 2026-05-04
TIF Agreement Approved With DKA Realty for Expansion
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Description
Dalton approves a multi‑year Tax Increment Financing Agreement with DKA Realty LLC tied to a $5 million expansion at 455 West Housatonic Street. The deal grants a phased property tax exemption over about five years in exchange for capital investment and jobs.
Contract Details
Vendor
DKA REALTY LLC
Agency
Town of Dalton, MA
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
Approximately FY27–FY31 phased TIF schedule (5 years)
Renewal Date
2031-06-30
Renewal Info
TIF provides a phased tax exemption over roughly five fiscal years (FY27–FY31) with exemption percentages declining over time; no renewals described.
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