Lewiston mulls tax break for conference venue
The Lewiston City Council might offer a tax break for a former church that will be converted into a venue for conferences, receptions and weddings.
The Sun Journal reported that a historic preservation tax credit could be used to keep the assessed value of the former St. Patrick’s at its current baseline through 2019.
The building’s current assessed value is $321,200. Andrew Knight, who is redeveloping the building, would receive a rebate for property taxes paid above that baseline.
Knight is planning to invest at least $400,000 in remodeling the former church, which closed in 2009 because of dwindling congregations and increasing maintenance costs. The building will be able to serve food and alcohol after it had been approved for zoning by the City Council.
"I'm really excited about the development of this vacant church because they are closing down and falling apart all over the state," Councilor Mark Cayer said at a Tuesday meeting to review Knight’s proposal. "For minimal city investment, we can bring that property back up."
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