Media Archive

Industrial park financing sought

Article from The Piscataquis Observer, Vol. 166, No. 47, November 24, 2004

By Mike Welldon
Staff Writer

MILO - Selectmen and Town Manager Jane Jones met Nov. 16 to discuss issues relating to the inter-local Eastern Piscataquis Industrial Park.

The town is trying to maximize funding sources for the park at the federal level through a congressional bill sponsored by Congressman Mike Michaud for $280,000 and a $500,000 bill sponsored by Senator Susan Collins.

"We've seen a great deal of support from both sides in terms of supporting the park and our need to create economic development opportunites in Pisacataquis County," Jones said.

The defeat of the county-wide economic development bond, however unfortunate for the project, was not an unforseen circumstance for Milo representatives.

"The bond is a speed bump in the road. It's defeat wasn't unplanned for. We're pleased that Milo residents voted in favor for the bond nearly 2-1," Jones said.

The town acquired the land for the park earlier this month and all ready have their first tenant. A $1.3 million medical facility will be part of the project and a Nov.30 public hearing will be held to discuss grant applications to expand the Milo Family Practice, which is affiliated with the hospital.

The park's board of directors includes individuals from both Milo and Brownville. Milo directors are: Town Manager Jones; Jeff Gahagan, manager of the federal credit union; and Joseph Beres, Milo town selectman.

County commissioner Tom Lizotte is also serving on the board.

Also during the meeting, selectmen went over their fiscal review and found no unanticipated issues in either spending or revenue projections.

NOTE - This article reflects the views of the author and not necessarily those of the TRC Alliance Team.