Leader of Balsams project proposes new financing measure
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The leader of a project to redevelop New Hampshire’s Balsams Grand Resort has asked legislators in Coos County to support a measure that would restructure its financing.
The Caledonian Record reports Les Otten asked lawmakers to support a Tax Increment Financing district for Dixville and allow the county to issue a $28 million bond from a private lender, a critical financing piece in the total $175 million redevelopment package.