Tax Abatement Approved for Aborn Land LLC
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Description
The Board of Selectmen approved a tax abatement agreement with Aborn Land, LLC, offering a 50% reduction on increased real property assessments for at least 10 years. Final approval is pending a Special Town Meeting.
Contract Details
Contract Amount
Real estate property tax abatement for not less than ten years, reducing by 50% any increase in the assessment of the real property attributable to specific improvements
Vendor
ABORN LAND LLC
Agency
Town of Ellington, CT
Contract Type
OTHER
Document Date
March 9, 2026
Contract Term
At least 10 years
Renewal Info
Not less than ten years. Abatement to reduce by 50% any increase in assessment from improvements. Subject to future Town Meeting approval.
More from ABORN LAND LLC
More from Town of Ellington
Town of Ellington Board of Selectmen Meeting Minutes March 2026
Town of Ellington Board of Selectmen Meeting Minutes March 2026
Town of Ellington Board of Selectmen Meeting Minutes March 2026
Town of Ellington Board of Selectmen Meeting Minutes March 2026
Town of Ellington Board of Selectmen Meeting Minutes March 2026
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