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MegadealsSubsidy Tracker Individual Entry
Company: CMP - Larrabee Substation
Parent Company:
Subsidy Source: local
Location: Maine
City: Lewiston
Address: 102 Larrabee Road
Project Description: Tif used to reimburse CMP for a upgrades to the transmission grid beyond what was originally planned to mitigate residents concerns about EMF plus other adverse impacts. Tif revenues are estimated at 23% of the new taxes generated in the district.
Year: 2013
Subsidy Value: $8,474,460
Program Name: Lewiston: Tax Increment Financing
Awarding Agency: Lewiston Economic & Community Development Department
Type of Subsidy: tax increment financing
Source of Data: Direct from agency; not on web
Notes: Year is FY when TIF District became active. TIF term is 20 years. TIF subsidy value is estimated amount over the whole life of the TIF District.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.