During discussions about old business at a meeting of the Milford Redevelopment Commission Monday, commission chairman Dan Brown received confirmation that the last of three upgrades to the Milford EMS portion of the Milford Community Building have been completed.
The town has asked the Milford Redevelopment Council to use tax increment financing funds to pay for the improvements, which were undertaken at the request of Multi-Township EMS.
According to commission member Doug Ruch, TIF funds cannot be used for maintenance of the building but can be used for capital expenses. The redevelopment commission agreed to reimburse the town $6,158.16 for all three improvements. Redevelopment commission members previously reimbursed the town for $1,358.75 in architectural fees related to a study of the EMS quarters.
Regarding another matter of old business, Brown recommended that the commission recommend to the town council that it approve an annexation agreement with BRTB.
BRTB has already signed the agreement, which is essentially a letter of intent to pursue voluntary annexation by the town of 250 acres of land. As part of the agreement, BRTB agreed to have a Phase I Environmental Site Assessment, an archeological survey and a wetlands delineation performed on the property.
All three are required for marketing purposes. The town plans to develop the land as an industrial park.
New business took the form of a letter from the state Department of Local Government Finance asking local redevelopment commissions if they currently have any excess of funds that can be used in TIF districts.
The commission will answer negatively, as TIF funds are currently being banked to pay for a project to increase water pressure and add water capacity on the north side of town in the current TIF district, and one that the town hopes to form when annexation of the BRTB property is complete.
The next meeting of the Milford Redevelopment Commission is scheduled for 10 a.m. July 9 at Milford Town Hall, 121 S. Main St., Milford.
For additional coverage, see today’s issue of The Mail-Journal.