LEWISTON – The city will give Central Maine Power Co. a financial boost to build a south Lewiston substation.
Councilors have voted unanimously to approve a $1.4 million tax increment finance district for CMP. The TIF revenues will be used to pay the city’s share of building the power substation near turnpike Exit 13 and Plourde Parkway.
“This is really part of the investment that needs to be made in the city’s services that really gets us ready for future growth,” Assistant City Administrator Greg Mitchell said.
According to the agreement, CMP will invest a total of $3.2 million in the center, including the city’s money.
The substation should provide better and more reliable electrical service to the southern part of the city, especially the planned Wal-Mart distribution center and proposed business parks, according to Mitchell.
Site work on the substation began last week, Mitchell said. Construction work on the distribution center should begin next spring, Mitchell said.
staylor@sunjournal.com
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