[CPEO-BIF] "Brownfields' tax relief debated"

[CPEO Moderator <cpeo@cpeo.org>]

http://www.masslive.com/newsindex/springfield/index.ssf?/news/pstories/se13v
eto.html


Brownfields' tax relief debated 

Wednesday, January 3, 2001
By PETER GOONAN 
Union-News. Sunday Republican.

SPRINGFIELD   —   The City Council and Mayor Michael J. Albano support a
proposal that would offer relief on back taxes to some new owners of
contaminated property, but Albano said yesterday he strongly objects to a
new council amendment. 

On Monday, the council gave first-step approval to a revised "Brownfield
Tax Abatements" ordinance. The ordinance would encourage investors to
purchase, clean and develop contaminated land with the offer of tax relief. 

The council added one clause, requiring that any tax-abatement agreement
negotiated between the Board of Assessors and the property owner must be
reviewed and approved by the council. 

Albano said he will ask the councilors to reconsider the amendment,
believing that elected officials should not influence the outcome of
abatements. 

continued...

http://www.masslive.com/newsindex/springfield/index.ssf?/news/pstories/se13v
eto.html

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