After a five-week delay for further review, Baltimore’s Board of Finance voted in a special meeting to approve the sale of $36.8 million in tax increment financing bonds for Harbor Point on Friday. The amount of the second sale of TIF bonds was higher than originally agreed because of cost overruns at the project, particularly in infrastructure installation at the 27-acre industrial site that once held the Allied Signal plant. Other cost increases were an addition of another park at the site, an…
from http://www.bizjournals.com/baltimore/blog/real-estate/2016/06/harbor-point-project-wins-approval-for-second-tif.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/146073228572
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