Wednesday, October 3, 2012

Milford Hires Attorney to Develop New TIF District

From Stacey Page On-Line


Milford Redevelopment Commission has appointed a new attorney to lead them through the process of setting up a new tax increment financing district.
Bob Murphy of RP Murphy and Associates told committee members at the last meeting, three weeks ago, that it would be in their best interest to find a new attorney who could pursue the project at a faster rate than he could, since he is currently winding down his career in preparation for retirement. The new attorney, Jay Rigdon of Rockhill Pinnick LLP, hopes to get the project done for under $4,000 and as quickly as possible.
At the meeting on Wednesday, which was the second meeting for the month of September, Rigdon stated he planned to create an “enabling resolution,” to allow him to begin work for the town as it continues to work toward the new TIF district. Rigdon confirmed that the TIF district is identical to the annexed portion of land.