Rules released this month allow Auburn
to be designated as a subzone.
AUBURN – City councilors identified 20 businesses scattered around the city that they hope will qualify for a state tax incentive.
Pine Tree zones are part of Gov. John Baldacci’s plan to spur economic development in Maine by offering incentives to new and growing businesses.
A number of zones will be set up around the state, including one in western Maine called the Androscoggin Valley Region Pine Tree Zone. It includes Auburn, Lewiston, Greene, Lisbon, the Oxford Hills region, Franklin County and the Mexico-Rumford area.
Rules released this month allow Auburn to be designated as a subzone. Parcels identified within the city don’t have to be next to each other, according to the rules.
“Not every business qualifies, under the rules,” said Economic Development Director Roland Miller. “But those that do, it can really mean cost savings for new buildings and expansions. It should lead to some real economic growth.”
Areas chosen for Pine Tree benefits include the Auburn-Lewiston Municipal Airport and the nearby intermodal freight facility, the Exit 12 Business Park, Morse Brothers, a portion of Great Falls Plaza owned by Tom Platz, Future Guard, Hammond Lumber and the Thayer Corp.
The council will take up the issue again at a public hearing later this month or early in February, Miller said.
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