Tuesday, November 7, 2017

Anne Arundel council approves PILOT deal for Live hotel and conference center

Anne Arundel County will move forward with an agreement waiving property taxes for a hotel and conference center next to the Live Casino in exchange for a space large enough to accommodate the county’s high school graduations. The Anne Arundel County Council on Monday night approved legislation outlining the deal by a 5 to 2 vote. The “payment in lieu of taxes” agreement, or PILOT, could add up to as much as $36 million in waived taxes over the next 30 years for Live developer Cordish Cos., though…



from https://www.bizjournals.com/baltimore/news/2017/11/07/anne-arundel-council-approves-pilot-deal-for-live.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/167235953197

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