Wednesday, September 14, 2016

Drama over, city's Board of Estimates approves Pt. Covington deal in 15 seconds

After six weeks of tumultuous debate and demands, it took Baltimore’s Board of Estimates 15 seconds Wednesday morning to approve a benefits agreement with Sagamore Development. The unanimous vote by the five-member spending board of the city’s top officials followed six weeks of debate, passionate testimony and scrutiny over how the city should be compensated by the developer in return for a $660 million tax increment financing plan. “It’s a win for the city of Baltimore because it’s unprecedented…



from http://www.bizjournals.com/baltimore/blog/real-estate/2016/09/drama-over-citys-board-of-estimates-approves-pt.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/150411252287

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