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Brewery seeking tax break; Voters to decide at special meeting.


Byline: Craig S Craig   , Edward Gordon 1872-1966.

British theatrical producer, director, and designer whose innovative productions and simplified stage designs influenced modern theater.
. Semon

STURBRIDGE - Voters at a special town meeting Monday will decide on plans for a microbrewery mi·cro·brew·er·y  
n. pl. mi·cro·brew·er·ies
A small brewery, generally producing fewer than 10,000 barrels of beer and ale a year and frequently selling its products on the premises. Also called boutique brewery, brewpub.
 in the old Basketville building and for tax breaks to encourage economic development projects along Route 20.

The special town meeting will be held after the continued annual town meeting, which starts at 7 p.m. at Tantasqua Regional High School Tantasqua Regional High School is a public high school in south-central Massachusetts, that serves the towns of Brimfield, Brookfield, Holand, Sturbridge and Wales. Overview
Tantasqua Regional High School is located in Fiskdale, Massachusetts.
.

Pioneer Brewing LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, which now operates at 195 Arnold Road, in the Fiskdale section of town, wants to renovate a vacant Basketville store building at 413 and 419 Main St. The Basketville chain store closed in 2006. The company would use 9,000 square feet for a microbrewery and a restaurant, where the beer would be sold.

Voters will also decide on whether the Board of Selectmen SELECTMEN. The name of certain officers in several of the United States, who are invested by the statutes of the several states with various powers.  can offer tax-increment financing, or TIFs, for a commercial tourist area on Route 20. The microbrewery and restaurant would be in the area and would be seeking the TIF TIF Tagged Image File (file name extension)
TIF Tax Increment Financing
TIF Temporary Internet Files
TIF Transport Innovation Fund (UK)
TIF Telecommunications Infrastructure Fund
.

To qualify for the tax break, a project could not create an excessive burden on the town's infrastructure and utilities and must have a reasonable chance of creating jobs for residents.

The TIFs would become available July 1 and expire June 30, 2014, and are expected to immediately increase the taxable value of property in the area.

Property taxes for qualifying projects would be reduced by 50 percent the first year, 40 percent the second year, 30 percent the third year, 20 percent the fourth year and 10 percent the fifth year.

During the annual town meeting, residents will vote on a $22.9 million budget, which is $71,192 less than originally proposed by the Finance Committee and is $40,838 less than FY09's budget.
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Title Annotation:LOCAL NEWS
Publication:Telegram & Gazette (Worcester, MA)
Date:Jun 6, 2009
Words:282
Previous Article:MONEY BRIEFS.
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