Long­time busi­ness gets tax break

New Haven Register (New Haven, CT) - - LOCAL NEWS - By Ben Lam­bert wil­liam.lam­[email protected] hearst­medi­act.com

HAMDEN — The town re­cently an­nounced that Rain­bow Clean­ers, an in­sti­tu­tion in the com­mu­nity for roughly 70 years, will re­ceive a tax break in ex­change for a $300,000 in­vest­ment in the prop­erty.

HHJZ LLC will use the $300,000 to re­ha­bil­i­tate the prop­erty at 1540 Dixwell Ave., ac­cord­ing to a re­lease from the town.

In ex­change, the town will waive 30 per­cent of the tax bill for the in­creased value of the prop­erty for three years and half the build­ing per­mit fee, of­fi­cials said.

The agree­ment was ap­proved by the Leg­isla­tive Coun­cil at its Sept. 17 meet­ing.

Dale Kroop, di­rec­tor of eco­nomic and neigh­bor­hood de­vel­op­ment, told the coun­cil in a let­ter sub­mit­ted at the time that the town will waive ap­prox­i­mately $5,000 in tax dol­lars and $2,000 in per­mit fees through the agree­ment.

He said the town, after the deal con­cludes, will garner ap­prox­i­mately $15,000 per year in new tax rev­enue. Rain­bow Clean­ers also is plan­ning to cre­ate four to six new jobs dur­ing the three-year pe­riod, he said.

“This is a long time Hamden busi­ness rein­vest­ing in our com­mu­nity. Rain­bow Clean­ers plans to cre­ate ad­di­tional jobs over the next three years as a re­sult of this in­vest­ment, and the Town ought to sup­port th­ese ef­forts,” said Mayor Curt B. Leng in the re­lease. “Hamden’s tax in­cen­tives help to strengthen the Town’s busi­ness base and main­tain our busi­ness friendly mes­sage, which in turn al­lows us to com­pete in ex­pand­ing and re­ha­bil­i­tat­ing our lo­cal com­mer­cial and in­dus­trial busi­nesses.”

Ac­cord­ing to its web­site, Rain­bow Clean­ers was founded in 1948 by Richard and Arthur Verneris, and is now owned by Marc Verneris and his wife, Marga.

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