Aldermen: Tax credit plans among items approved
The Board of Aldermen took the following actions at its meeting Thursday, June 13.
• The aldermen approved five Neighborhood Assistance Tax Credit proposals, as submitted by the Community Development Office.
This program, which is administered by the state Department of Revenue Services, provides tax credits of 60 percent to participating corporations for making contributions to eligible community programs, and 100 percent for energy conservation programs.
During a Community Development Office public hearing on May 29, five local non-profits submitted requests, all of which were approved by the aldermen and will be submitted to the state Department of Revenue Services.
The five proposals are: Shelton Economic Development Corp. for $15,000 for community service; the Boys & Girls Club of Lower Naugatuck Valley for $50,000 for homework assistance; Junior Achievement of Western Connecticut, Inc., for $25,000 for Junior Achievement financial literacy programs; Southwestern Area Health Education Center, Inc., for $10,000 for community health worker core competency training; and the Housatonic Council Boy Scouts of America for $2,250 for a Cub Scout day camp.
• After a short discussion in executive session, the aldermen re-entered the public meeting and announced that the city will receive $65,000 as settlement of a blight lien against the estate of Rancourt.
• The aldermen approved $14,077.75 for additional renovations at city-owned property at 58 Perry Hill Road. The funding will come from a state Local Capital Improvement Program (LoCIP) grant. These funds are on top of the $20,000, also covered by LoCIP funds, approved in August 2018 by the aldermen to renovate the property.
• The aldermen approved an agreement between the city and Tate & Associates, LLC, Landscape Architects & Site Planners for upgrades to the garage on the former Chromium process site. The work will cost $5,500 — $1,500 for the project renovation plan and $4,000 for project administration — with the money coming from LoCIP funds.
At its Aug. 9, 2018 meeting, the aldermen voted to spend $45,000 — $20,000 for upgrades to the Chromium parking lot site and $25,000 for upgrades to the garage building located on the site. This work was also covered by LoCIP funds, according to minutes from that meeting.