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TIF, CEA, and Scarborough Downs

In an effort to better serve the community, the Town of Scarborough has created this web page to aggregate information on TIFs, CEA, and Scarborough Downs. Check back periodically for news, meeting videos, documents, important dates, and other information as it becomes available.

Join us for our fifth TIFs, CEAs, and the Downs session to learn more and ask your questions. Tuesday October 30,  6:00 pm - 8:00 pm at the Town Hall in Council Chambers A.   This session will include a short presentation on the basics of Tax Increment Financing Districts, TIFs, and Credit Enhancement Agreements, CEAs and the specific proposal currently under consideration by the Town Council. The rest of the session will be an informal question and answer conversation.
Downtown TIF & Downs CEA documents available for review.

In advance of the Public Hearing scheduled for Wednesday, November 7, 2018, at 6:00 p.m. the following documents are available for review. The Town Council is interested in receiving public comment regarding all of these documents at the public hearing. Please plan to attend and let your voices be heard.

  • 4. Scarborough Downtown Omnibus TIF Development Program
  • 5. Downtown Revitalization Plan
    6. Credit Enhancement Agreement - Scarborough Downs TIF

  • TIF and CEA 101

     https://drive.google.com/file/d/1_vbNMHd-NV4qKQ3bNmkXKx7HU5HcWRgG/view?usp=sharing

    Videos


    Scarborough Downs

    Videos