What steps are being taken to measure and mitigate the potential impacts on Town services such as water, police, fire and emergency response?
StreetScape established an escrow account for the Planning Board to hire its own consultants to assess all issues and concerns in a way that is acceptable to the Town. These include looking at all potential impacts on the Town, as well as potential benefits, including projected annual tax revenue. As part of the signed Development Agreement, if the Town Center proceeds to permitting, the developers are required to pay a minimum of $400,000 into a Consultant Review Fund. The Town would keep any funds not utilized, and the developers would pay all costs of this fund, with no limit.
Related Questions
- What steps have been taken during negotiations to ensure that interested third parties are aware of the Agreement and its potential impacts?
- What steps are being taken to measure and mitigate the potential impacts on Town services such as water, police, fire and emergency response?
- What will be the impact of the development on local services like police, fire and utilities such as water and electric service?