City of Dover issued the following announcement on February 21.
The City Council will hold a public hearing at its Wednesday, Feb. 23, meeting on whether to enter into a public-private partnership to develop two lots of land adjacent to Littleworth Road.
According to the resolution and accompanying term-sheet agreement, the two parcels of land “will bring significant tax revenues and jobs” to the city through a “planned mixed-use development with residential, commercial and industrial/manufacturing components.”
If approved, it will allow City Manager J. Michael Joyal, Jr., to negotiate a detailed development agreement with the developer based on the term-sheet agreement accompanying the resolution.
The parcels include a 75-acre lot, located at Tax Map, Lot 29, owned by Terra Nova, LLC, and an 85-acre parcel situated at Tax Map G, Lot 2, owned by Westfield, LLC. Both entities are registered to Dover resident and developer Chad Kageleiry.
According to the term-sheet agreement, the City of Dover would reimburse the developer for public improvements to the project sites, such as the cost of building a road and needed public utilities, such as water and sewer. Part of the project would be to build a road that connects Crosby Road and Industrial Park Drive.
The agreement stipulates the city would not make payments for the public improvements until developments are complete and contribute property taxes to the city. The term-sheet agreement allows the city to make payments in phases as parts of the project are completed. The city plans to finance the reimbursement costs through bonding, with bonding costs paid from the property taxes generated by the new development.
If approved, the planned developments would still be required to go through the normal planning process and obtain all necessary permits and approvals.
The Dover Business and Industrial Development Authority (DBIDA) unanimously endorsed the development agreement at its Jan. 27 meeting.
Setting property tax exemptions for elderly, blind, deaf and permanently disabled for fiscal year 2023
The City Council will also hold a public hearing on a resolution that would increase property tax exemptions for qualifying property owners who are elderly, blind, deaf or permanently disabled. The resolution would also increase qualifying income levels and asset limits for the elderly, disabled, and deaf exemptions.
If approved, it would update property exemptions and qualifying income levels for fiscal year 2023; the figures were last revised by the Council for fiscal year 2019.
The proposed increases are as follows:
Elderly Tax Credit:
- For ages 65 to 74, the exemption would increase from $115,000 to $166,000
- For ages 75 to 79, the exemption would increase from $162,000 to $234,000
- For ages 80 and older, the exemption would increase from $207,000 to $300,000
- Would increase tax exemption from $115,000 to $166,000
- Would increase tax exemption from $115,000 to $166,000
- Would increase tax exemption from $115,000 to $166,000
- Single: Increase annual income from $42,000 to $47,000
- Married: Increase from annual income levels from $57,000 to $64,000
- The maximum asset level for all applicants for elderly, disabled and deaf applicants would increase from $169,800 to $186,100
The deadline to apply for exemptions is April 15, 2022, for the December 2022 tax bill.
Council to accept stormwater committee recommendation for creation of stormwater utility
The City Council will consider a resolution that would accept the recommendation of the Ad Hoc Committee to Study Stormwater and Flood Resilience to create a stormwater utility and state the council’s intent to create the utility through an ordinance to be effective by fiscal year 2024.
If approved as currently drafted, the resolution would empower city staff to begin developing a stormwater utility ordinance in consultation with the Dover Utilities Commission and the Ordinance Committee that would be brought forward for City Council consideration when ready. The resolution would also direct the City Manager or designee to create a plan to implement a stormwater utility that includes public outreach efforts to inform and receive feedback from the public.
The City Council held a workshop on Feb. 3 with the Committee to Study Stormwater and Flood Resilience on the committee’s findings and recommendations. Watch the full workshop at https://dovernh.viebit.com/player.php?hash=azIZS4lMK1lP.
The City Council meeting will begin at 7 p.m. on Wednesday, Feb. 23 in City Hall’s Council Chambers. It will broadcast live on Channel 22 and online at https://dovernh.viebit.com, where it will also be available for on-demand viewing. Click here for the complete agenda and materials.
Original source can be found here.
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