During a recent meeting of the Northborough Select Board, significant discussions centered around the introduction of tax incentives aimed at fostering local business growth. The board is considering three separate tax incentive financing (TIF) proposals for upcoming town meetings, which could potentially benefit various properties, including the White Cliffs site and another location referred to as 4 West.

The board acknowledged the necessity of specifying the locations for these incentives, which will require further consultation with legal counsel. The process involves opening the warrant to include these items, followed by a closure to finalize the proposals. This procedural step is crucial for ensuring that the incentives are properly documented and presented to the community.

Fran Batchard, a local taxpayer, voiced strong support for the initiatives, emphasizing the importance of aiding businesses to enhance revenue for the town. He argued that facilitating business expansion, even indirectly, would be beneficial for Northborough's economic landscape. His comments reflect a broader sentiment among community members who recognize the potential positive impact of such incentives on local commerce.

The board members also discussed the need for internal discussions regarding the specifics of the incentives, including potential dollar amounts, before making any public announcements. This careful approach aims to ensure that all stakeholders are adequately informed and that the proposals are well-structured.

In addition to the TIF discussions, the meeting touched on procedural aspects related to zoning and permits. Board members reassured attendees that the standard town processes would remain in place, and any necessary variances or special permits would still need to be addressed through the appropriate channels.

As the Select Board moves forward with these discussions, the anticipated tax incentives could play a pivotal role in shaping Northborough's economic future. The board's commitment to supporting local businesses reflects a proactive stance in addressing community needs and fostering a thriving economic environment. The next steps will involve finalizing the proposals and engaging with the community to ensure transparency and support for the initiatives.