City Council is one step away from granting $660M...

http://baltimorecheckbook.tumblr.com/post/150338171667/city-council-is-one-step-away-from-granting-660m#_=_

Hours of contentious debate, thorough review and negotiation over terms for a $660 million tax incentive request by Sagamore Development for its Port Covington project ended in relative harmony Monday night in a packed City Council chamber. Sagamore’s quest for a tax increment financing package to help install infrastructure at its South Baltimore development was approved on second reader by a majority of the 14-member council. A final vote is set for next Monday and ground is expected to be broken…