The
town could seek tax liens on properties owned by Cate Street Capital LLC and
Specialty Minerals Inc. as early as Friday in response to what Town Manager
Peggy Daigle called the town's cash flow crisis, officials said Wednesday.
Daigle
will seek Town Council permission on Thursday to put liens on Cate Street's
Katahdin Avenue paper mill site and on properties there owned by Specialty
Minerals, she said.The value of all site property is $62 million - 24 percent of the town's total taxable value, Daigle said.
