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The commission discussed potentially creating a tax increment financing district in the West Main Street area to support roadway, trail-crossing, parking, sewer, and canal-related improvements. It requested a future scope and fee proposal, with any next steps dependent on Town Manager and Town Council approval.
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No West Main Street financing district was approved at this meeting. The commission is considering incentives that could help fund infrastructure and encourage commercial investment in the area. It also plans to continue reviewing its tax incentive policy, with a goal of completing it in March for submission to the Town Council.
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