Signed development agreement paves way for town plan to meet target dates On Oct. 28, the town of Killington took the next critical step in the Killington Forward project by signing a development agreement with Toronto-based Great Gulf, a residential […]
Category: TIF
Breaking News Ticker, Featured, Local News, TIF
Nearly $6M awarded to Killington for water quality
The town of Killington recently received official word of American Rescue Plan Act (ARPA) funds and grant subsidy designated for clean water and drinking water infrastructure. The Agency of Natural Resources reviewed applications from around the state and responded with […]
Featured, Local News, TIF
Killington gets Master TIF district designation
Public infrastructure paves the way for Village development By Polly Mikula Killington Forward achieved its first major milestone on Thursday, June 30, when Vermont Economic Progress Council (VEPC) approved its application for a master tax increment financing (TIF) district. The […]
Editors Picks, Featured, Local News, TIF
Killington TIF District application approved
Town plan includes water system and roadway infrastructure improvements The Vermont Economic Progress Council (VEPC) has approved Killington’s application for a Tax Increment Financing (TIF) District for Killington Road and the Killington Village area. The VEPC board voted on Thursday […]
Local News, TIF
Size of proposed TIF district in Killington reduced
Town brands ‘Killington Forward’ as overarching plan to accomplish water, road and affordable housing — $62.3 million of infrastructure financed by a combo of sources By Polly Mikula On Monday night, May 2, the town of Killington held its third […]
Local News, TIF
Study: TIF programs increases Ed Fund and economic opportunity
The Vermont League of Cities and Towns (VLCT) released an independent analysis of Vermont’s Tax Increment Financing (TIF) program Tuesday, April 19, that concluded that TIF helps Vermont meet its smart growth goals, promotes long-term planning, and contributes to net-growth […]
Featured, Local News, TIF
Well drilling will determine capacity of Killington’s proposed new municipal water system
By Curt Peterson Two large well-drilling rigs were headed for a water source site behind the Mountain Times offices recently, but the bridge to cross the Ottauquechee River appeared to be strained as the first truck made the trip. The […]
Covid 19 local resource guide, Covid-19 updates, Local News, TIF
Businesses offer housing incentives to attract workers
By Katy Savage Like most business owners, Chris Karr has struggled to find employees in the aftermath of the pandemic. Karr, the owner of six restaurants in Killington, usually employs up to 150 people in the peak season, but when […]
Local News, TIF
Killington town, residents champion TIF, seeking approval
By Polly Mikula The Vermont Economic Progress Council (VEPC) met with the town of Killington and its residents via Zoom Thursday, Jan. 27, for a public hearing on the town of Killington’s tax increment financing (TIF) application. The town hopes […]
Letter, Opinion, TIF
Remarks to VEPC
Dear Editor, Editor’s note: The following letter is an adaptation of the testimony Art Malatzky gave to the Vermont Economic Progress Council (VEPC) on Jan. 27. VEPC is considering the town of Killington’s application to utilize future incremental municipal and […]