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Shops at Elm Street seeks TIF for improvements

Town of Enfield logoTown of Enfield
Disclosed value
$2.4M
From minutes
Document date
Jun 16, 2025
Term
20 years

The 30-second brief

What it covers

Approval sought for 20-year TIF for Shops at Elm Street Square LLC, capping TIF funds at $2.4M for public improvements, including a new turn lane on Palomba and Elm Streets. Project aims to improve traffic flow and increase tax revenue to the town.

Who holds it

Shops at Elm Street Square holds this tax increment financing contract with Town of Enfield. Its other public contracts on record include work for Enfield School District and Housing Authority of the Town of Enfield.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Tax Increment Financing
Amount
$2.4M
Document date
June 16, 2025
Term
20 years
Vendor
Shops at Elm Street Square
Agency
Town of Enfield
Source document
town-of-enfield-town-council-meeting-minutes-june-16-2025_271.pdf (Minutes)

Shops at Elm Street Square's other public contracts

Enfield School District, ConnecticutEnfield Supports Elm Street Project with $2.4M Agreement · Jul 21, 2025$2.4MEnfield School District, ConnecticutEnfield Council Approves Credit Agreement for Elm Street Square · Jul 21, 2025$2.4MTown of Enfield, ConnecticutEnfield-Connecticut approves credit agreement with Shops at Elm Street · Jul 21, 2025$2.4MTown of Enfield, ConnecticutShops at Elm Street Square gets enhancement agreement · Jul 21, 2025$2.4MHousing Authority of the Town of Enfield, ConnecticutEnfield approves credit enhancement agreement with Shops at Elm Street Square · Jul 21, 2025$2.4MAll Shops at Elm Street Square contractsVendor profile

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Questions about this contract

Who was awarded the tax increment financing contract by Town of Enfield?

Shops at Elm Street Square was awarded this tax increment financing contract by Town of Enfield, as recorded on June 16, 2025. The contract value is $2.4M.

How much is the Shops at Elm Street Square contract with Town of Enfield worth?

The Shops at Elm Street Square contract with Town of Enfield is valued at $2.4M, covering tax increment financing work.

What type of contract is this?

This is a Tax Increment Financing contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-enfield-town-council-meeting-minutes-june-16-2025_271.pdf (Minutes), dated June 16, 2025 from Town of Enfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Shops at Elm Street Square hold?

Shops at Elm Street Square may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Enfield currently buying?

Explore Town of Enfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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