Since Scott Benson Came From Brunswick, Is This A Premonition To Lisbon's Future?

Lisbon Council Take Notice:

Scott Benson, currently is Lisbon's Economic Development Director but did work for Brunswick.

In reality a TIF  is: (Town Indebted Forever) 

Unfair advantage

By Peter Anastos

Published:Times Record

Friday, December 9, 2011 2:08 PM EST

It’s unfortunately time to recognize the efforts of 2010 Brunswick Councilors  Ben Tucker, David Watson, Suzan Wilson, John Perreault, Gerald Favereau, Margo Knight,  and Joanne King.

They voted for the tax increment financing (TIF) that gave the hotel at Brunswick Station millions of dollars in tax, land and infrastructure benefits. A requirement of a TIF, is that the new business is needed.

Brunswick hotel owners en masse informed the council that our businesses were down over 25 percent, but they insisted on playing hotel developer with the taxpayers’ money anyway.

There was no financial risk to them, but there was huge risk for the town and existing hotel owners.

Businesses in Maine, such as the Brunswick hotel owners,  put not only their seed money at risk, but also their homes and entire net worth.

Continue reading the rest of the story here.

 Please be sure and read this article Councilor Gina Mason.