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Skowhegan approves Spinning Mill redevelopment loan, mulls a TIF to help project get back on track

Skowhegan approves Spinning Mill redevelopment loan, mulls a TIF to help project get back on track
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Skowhegan mill redevelopment scores first public loan to get back on track after flooding caused millions in damage

A loan package totaling $200,000 from Somerset County and the Somerset Economic Development Corp. marks a starting point for more than $1 million in assistance the Spinning Mill project’s developers say they need after December’s flooding damage.

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