12 key items in the $135.9M Port Covington...

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On Wednesday, the city’s spending panel approved a citywide community benefits agreement with Sagamore Development, inked in tandem with the developer’s successful quest for a $660 million tax increment financing package. The full agreement, made public this week, sets into motion $135.9 million to be spent in and on Baltimore by the company owned by Under Armour CEO Kevin Plank over the coming two decades. The Port Covington project, where the TIF funds will pay for a portion of the infrastructure,…