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Last Update: Nov 6, 2009 12:14 AM
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Hospital Hill
Amendment of Kollmorgen TIF on City Council Agenda
by Mary Serreze | Dec 2, 2009 9:44 am | Comments (0)
On Tuesday afternoon, city economic development director Teri Anderson called an “emergency meeting” of the City Council’s Economic Development, Housing, and Land Use (EDHLU) committee. The issue? The status of a 5-year, 5% Tax Increment Financing (TIF) arrangement promised to Kollmorgen Electro-Optical, the defense contractor building a new $18 million, 40,000 square-foot headquarters complex on Northampton’s Village Hill.
(Dann Vasquez’ Scrapbook Blog. )
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