Divided Southington leaders approve tax break for Texas developer

Texas-based Anthony Properties seeks town approval for eight residential buildings, two commercial buildings and a clubhouse off West Street. The 41-acre property is in an enterprise zone, making the development eligible for a seven-year tax abatement. If the project is approved by the planning commission, Anthony Properties will get a 100 percent tax break on improvements to the land in the first two years of the program. The tax abatement program is open to developers in areas designated as enterprise zones, a state program set up in the wake of Pratt & Whitney’s departure from Southington.

https://www.myrecordjournal.com/News/Southington/Southington-News/Divided-Southington-leaders-approve-tax-breaks-for-Texas-developer.html

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