PUBLIC NOTICE FROM THE CITY OF ANSONIA
The Ansonia Board of Aldermen will hold a public hearing on the proposed adoption of the powers granted by the Connecticut city and town development act on Tuesday, March 12, 6:30 p.m. at 253 Main Street, Ansonia, CT in the 2nd floor Aldermanic chambers.
A resolution adopting the powers of the city and town development act is available for review in the Ansonia Town Clerk’s Office, 253 Main Street, Ansonia, CT 06401.
SUMMARY: The Connecticut City and Town Development Act provides an incentive program to attract and support larger economic development projects to the City of Ansonia.
It enables the City to grant property tax exemptions and provide financing in the form of notes and municipal bonds on a project by project basis.
The City of Ansonia is the governing authority for application of the Act and retains the right by resolution to control and stipulate the tax related conditions and restrictions on each individual project.
(This is a sponsored post paid for by the City of Ansonia)