01 / 13 / 2020
  - 11:55:24 AM
Special Town Meeting In Milford Tonight
  

By MyFM's rick Michaels - A Special Town Meeting in Milford will take place tonight with six articles on the warrant. The first two articles Town Meeting members will deal with will be for approval that’s being sought for two tax increment financing agreements TIF’s as they’re called the first is for Rentschler Bio Pharma Incorporated a family owned life science company they’ve acquired property at 27 Maple Street and are considering a 24 thousand square foot expansion to the current building on site at a cost of $55 million and plan to retain 85 full time jobs. The TIF would save the company about $1.2 million. Interactions LLC a global technology company, is considering setting up shop at 31 Maple Street in a 52 thousand square foot building, they plan to renovate and possibly relocate some 200 full time jobs. The TIF would save the company about a half million dollars. The warrant also contains an article to change the town’s policy on Vacation Leave for new hires…in another attempt to always attract the best candidates for town positions. For additional money to pay for items in a Collective Bargaining Agreement with the Fire Department…and two-articles seeking authority to apply for additional licenses for the sale of alcoholic beverages. Milford ‘s Special Town Meeting begins at the Town Hall tonight at seven o’clock

 

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