Item Coversheet


Item Title:
COMM re STA & TIE/HDIP Applications

Item Detail:

2. COMMUNICATION, Derek Santos, Executive Director, New Bedford Economic Development Council, to Council President Lopes and Members of the City Council, submitting two proposed STA applications approved by the Tax Increment Financing Board for a five (5) year Agreement for The Atlantic Red Crab Company LLC and Eastern Fisheries, Inc. and one proposed TIE/HDIP application for 2135 and 319 Commercial Street and 10 Front Street – National Downtown Club LLC. (Copies provided and distributed to all Councillors on December 02, 2020.) (Ref’d 12/09/2020)

 

2a. RESOLUTION, approving Certified Project Application and Special Tax Assessment Agreement with Atlantic Red Crab Company LLC. (Ref’d 12/09/2020)

 

2b. RESOLUTION, approving Certified Project Application and Special Tax Assessment Agreement with Eastern Fisheries, Inc. (Ref’d 12/09/2020)

 

2c. TAX INCREMENT EXEMPTION/HOUSING DEVELOPMENT INCENTIVE PROGRAM, National Downtown Club 2135 & 319 Commercial Street and 10 Front Street. (Ref’d 12/09/2020)



Additional Information:
ATTACHMENTS:
DescriptionType
2. COMM re STA & TIE-HDIP ApplicationsCover Memo
2a. STA - Atlantic Red Crab CompanyCover Memo
2b. STA - Eastern FisheriesCover Memo
2c. TIE-HDIP - National Downtown ClubCover Memo
Resolution - National Downtown ClubCover Memo