![]() ![]() The project originally called for Fast Track Realty to lease a portion of the 32.6-acre Brainerd Park, which was donated to Enfield by Agnes M. Town Council member Michael Ludwick said officials have done a tremendous amount of work on the agreement and he's pleased the proposed complex will not include any building on Brainerd Park. "I'm very excited to see the potential to bring business to North Thompsonville, a part of town that needs some help," said Town Council member Nick Hopkins. Others voiced appreciation for the economic development tool allowed by state law whereby municipalities can fix the tax assessment increase resulting from improvements made to real property for a certain amount of years to improve the economics of the project and aid the developers in financing it. Playing time was Greek to UConn men's basketball's Apostolos Roumoglou last season.These CT restaurants have appeared on Food Network's 'Diners, Drive-ins and Dives'.A Thimble Island home, and the islands it's on, is for sale for $1.5M in Branford.Videos show former CT state worker opening fire inside Bristol police station.Ex-CT worker charged in Bristol police station shooting says she used ex-NYPD cop's gun, report shows.Windsor High School student who died after football practice was ‘gentle giant’ from Texas, mom says.Connecticut towns take alternative approaches to panhandling as bans and ordinances prove problematic.It is forecast that the project's improvements and new construction will increase the total fair market value of the property by about $85 million and provide a significant amount of economic spillover to the region as well as serve as a job creator, Zoppo-Sassu said. She said the agreement preserves the tax revenue received by Enfield so that it may continue to rely upon it. Town Manager Ellen Zoppo-Sassu said the company paid $695,124 in taxes last year. MassMutual, which was one of the town's largest employers and is a top taxpayer on Enfield's grand list, closed its campus in 2021 and moved the company's operations across the border to Springfield, Massachusetts. 1, 2035, grand list, and for all those thereafter, the assessed value of All Sports Village would be 100 percent of the customary assessed valuation. The developer would pay a fixed assessed valuation amount of $22,986,200 for the grand lists from Oct. The Town Council on Monday approved the agreement with Borgia's Fast Track Realty, which would only freeze tax revenue on any improvements made on the property for 10 years but preserve the tax revenue coming to the town during that time period. All Sports Village, as the project is called, is expected to have outdoor athletic fields and a new basketball building along with a hotel, restaurant, spa, bar, additional retail space, and entertainment center. ![]()
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