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The Finance Committee held a public hearing on four proposed tax stabilization agreements and heard public comment, but took no votes.
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The committee reviewed four proposed tax stabilization agreements tied to properties at 20 America Street, 386 Atwells Avenue, 157 Gano Street, and 70-72 Royal Little Drive. A tax stabilization agreement is a deal that can reduce or lock in property taxes for a period of time. Residents were able to comment, but the committee did not vote on any of the items at this hearing.
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