Thursday, July 28, 2016

Port Covington TIF hearing draws 800 for discussion, debate

The record $660 million tax increment financing request by Sagamore Development for its proposed Port Covington project brought about 800 people downtown Wednesday evening to pack a hearing room and dissect its merits. The Taxation, Finance and Economic Development committee of the City Council heard four hours of testimony on the request by the development company owned by Under Armour CEO Kevin Plank. Some of it centered on affordable housing, jobs, labor negotiations and profit sharing, at times…



from http://www.bizjournals.com/baltimore/blog/real-estate/2016/07/port-covington-tif-hearing-draws-800-for.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/148093755742

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