LACONIA — The City Council will hold a special meeting on Monday evening, beginning at 6 p.m. in the council chamber, when it will once again consider authorizing a borrowing to undertake a series of projects recommended by the Downtown Tax Increment Financing (TIF) District Advisory Board. The improvements would to be funded by borrowing $1,350,000.
In August, the council approved spending $275,000 to improve the gateway to downtown at the Main Street Bridge, in order to ensure that the improvements were incorporated into the design for the reconstruction of the bridge. In addition to the so-called Gateway Plaza, the board recommended investing $400,000 to extend the WOW Trail between Main Street and Fair Street, $25,000 to add signage and kiosks to the riverwalk and WOW Trail, $181,000 to connect the Main Street Bridge to the riverwalk at the Landmark Inn, $121,800 to extend the riverwalk through the Walgreen's property, $200,000 to create a pocket park where Water Street joins Pleasant Street and $300,000 to carry the riverwalk from behind the old police station up to the Church Street bridge. Altogether the estimated cost of the projects totaled $1,550,000.
However, the council withheld its approval of the remaining projects, choosing instead to refer the recommendations to its Finance and Public Works committees. After further review the pocket park at at the junction of Water Street and Pleasant Street was struck from the list while the remaining projects were returned to the council for its approval. Meanwhile, in October the council approved spending $35,000 to extend a ten-inch water main from Main Street to Veteran's Square to service the former Evangelical Baptist Church, which is being converted to restaurant. The net effect of shelving the pocket park and adding the water main was to reduce the amount of the borrowing to $1,337,800.
The projects would be funded by borrowing $1,350,000 against the annual revenue to the TIF account at an estimated interest rate of 4 percent over 20 years. The TIF account has a current balance of $311,353 and projected revenue of $173,687 in 2014 and an additional amount each year thereafter for a total of $4,250,212 during the next 20 years. When the debt is retired, assuming no further borrowing, the TIF fund would be left with a balance of $2,811,654. City Manager Scott Myers has assured the council that the revenue accruing to the TIF fund is sufficient to service the proposed debt and, within a reasonable time, support another borrowing.
The Main Street Initiative, together with representatives of the Belknap Ecomnomic Development Council and WOW Trail, are expected to offer their opinions on the proposed projects before the council itself begins deliberation.
Last Updated on Saturday, 07 December 2013 01:40
LACONIA — All four of the candidates seeking election to replace the late District One Executive Councilor Ray Burton had a meet and greet Friday morning with members of the Belknap County Economic Development Council.
Burton died Nov. 13, less than nine months after he announced that he had kidney cancer, A moderate Republican from Bath, Burton was a North Country icon who was first elected to the council in 1976 and, after he lost a 1978 primary when Governor Meldrim Thomson backed his opponent, won 16 straight elections, often with only token opposition.
The three Republicans, former Belknap County Commissioner Chris Boothby of Meredith, former state Sen. Joe Kenney, of Wakefield, and former congressional aide Mark Aldrich, of Lebanon will face off in a primary on January 21 to decide who will be on the ballot for the GOP in the March 11 special election opposing Grafton County Commissioner Michael Cryans,of Hanover., the sole Democratic candidate.
All four candidates agreed that it will be difficult to fill Burton' shoes but pledged to emulate Burton's tradition of close ties to the communities in the sprawling district, which encompasses 108 towns and four cities and more than half of the state's land area.
Sean Sullivan, chairman of the BEDC board of directors, outlined for the candidates the initiatives which the organization is involved in, including workforce development, lending programs for small businesses and educational initiatives for high tech manufacturing.
Boothby, 47, who along with his wife operates Boothby Therapy Services in Laconia, served for 12 years as Belknap County Commissioner, worked as an executive for LRGHealthcare and is president of the board of directors of the Winnipesaukee Playhouse.
He said that the key to economic development for the northern part of the state is quality education, good health care and good roads, along with a cultural enrichment environment which helps provide a high quality of life.
Kenney, who grew up in Wakefield and graduated from Spaulding High School in Rochester went on to attend UNH and spent 33 years in the Marine Corps. He served four terms in the House and three terms in the N.H. Senate. In 2006 he was the GOP nominee for governor and lost to Democrat John Lynch, winning less than 30 percent of the vote.
He praised the economic development plan developed by the Lakes Region Planning Commission for the area and said that those who support his candidacy know that it is rooted in traditional New Hampshire values,
Mark Aldrich, 64, was state director for former U.S. Sens. Gordon Humphrey and Bob Smith for 20 years and has headed up economic development efforts in Claremont. He said that his experience in dealing with a myriad of state and federal agencies will help him be a strong advocate for programs that benefit his constituents.
Cryans, 62, lives in Hanover but grew up in Littleton and served 16 years on the Grafton County Commission with Burton, who endorsed him over his GOP opponent in 2012.
He said that Dartmouth College and Dartmouth Hithcock Medical Center serve as economic engines for the Upper Valley area and that it is important to remember that there are other parts of the council district which are really struggling and need attention.
Last Updated on Saturday, 07 December 2013 02:19
LACONIA — The shortest Christmas shopping season possible, with only 26 days between Thanksgiving and Christmas Eve, coupled with a still slow recovery from the depths of the Great Recession, is seen as the cause of a major shortfall in charitable giving this holiday season.
The local Salvation Army kettle drive is far below its usual level and other holiday charities are experiencing similar drop-offs, including the Toys for Tots campaign which is run by the U.S. Marine Corps Reserve.
''The response has been very light so far and we're very concerned about that,'' says Carl Deprospo, sales manager at Cantin Chevrolet, which has for years been a drop off spot for new toys donated to the drive.
Deprospo says that in order to encourage more giving, dealership owner Tom Cantin decided this week to match dollar for dollar the value of gifts that the firm's friends and customers take to the Toys for Tots collection bin at the company's Union Avenue location.
''All the donor has to do is to provide a receipt with the toy they bring in and Cantin's will match it. It will double your gift. It's a great cause and your gift can make the difference between a child having something under the tree or not,'' says Deprospo.
''We need to get more toys and we're hoping to get the word out there about our matching donation to encourage people to give. We've only got a short time to make this happen and we're hoping our friends and valued customers will pitch in along with us to help make it a happy holiday season for children all over the area,'' says Deprospo.
He said that gifts for pre-teens, as well as young children, are particularly needed.
Last Updated on Friday, 06 December 2013 03:10
GILMANTON — No property taxpayers in the eleven municipalities in Belknap County fared better in 2013 than those of Gilmanton where the tax burden fell by 9.4-percent and the tax rate by 9.7-percent.
The amount to be raised by taxes decreased in only one other town — Alton — and then by just 0.6-percent, while the property tax rate decreased in three other towns — Alton, Gilford and Barnstead — by 1.8-percent , 0.8-percent and 0.3-percent respectively. Everywhere else both the tax commitment and tax rate increased.
Meanwhile, in Gilmanton the amount to be raised by taxes was lowered by $1,047,240, from $11,142,077 to $10,094,837, and the tax rate by $2.27, from $23.42 to $21.15. These figures represent a ten-percent reduction in property tax bills.
Both the town and the school district contributed to lightening the tax burden. Town Administrator Arthur Capello said that the Board of Selectmen, with assistance from department heads, trimmed the operating budget from $3.9-million in 2012 to $3.6-million in 2013, a reduction of almost nine-percent. He said that the capital outlays were reduced, along with expenditures for maintenance and elections. At the same time, revenues from sources other than property taxes, especially motor vehicle registrations, exceeded projections while payment plans were introduced to enable taxpayers to pay a portion of their bills and keep properties on the tax rolls.
School Superintendent John Fauci said that a mix circumstances enabled the school district to return more than $900,000 to the town. He estimated that adjustments in tuition paid to the Gilford School District for high school students and special education costs represented about three-quarters of the difference between budgeted appropriations and actual expenditures while reduced energy and staffing costs accounted for the balance.
Capello noted that the total assessed valuation of the town rose $2.1-million, from $478.4-million to $480.5-million, or by 0.4-percent, which marginally contributed to the decrease in the property tax rate. However, he noted that the assessed valuation is approximately six-percent above market prices, which will require property values to be adjusted downward in 2014.
Last Updated on Friday, 06 December 2013 03:10
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