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Tax break approved for moving company relocating to Danbury

A tax break has been approved for a moving company relocating to Danbury.  The City Council agreed to defer the increase in tax assessment for a site on the City's west side.  Clancy Moving Systems will pay $142,000 a year in taxes on 29 acres at 100 Reserve Road and then the full amount of the increased assessment after 7 years.  The company plans to build a 196,000 square-foot warehouse, which could bring 130 full-time jobs to Danbury.  The site plan includes office space, warehouse space, a maintenance area, 24 loading docks and truck/employee parking.  There will be 94 trailer parking spots and the vehicles will be a mix of license transfers and new purchases.  The anticipated daily site traffic is 50 to 60 trailers.  Councilman Joe Britton favored the tax deferral application but was concerned with public perception because the Council didn't fund the full amount of the budget requested by the Board of Education.

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