City Council passes $660M TIF package for Port...

City Council passes $660M TIF package for Port...

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The Baltimore City Council voted to approve a record $660 million tax increment financing package Monday, setting into motion a bond sale to help fund infrastructure at Kevin Plank’s Port Covington development. Councilman Warren Branch was the lone vote against the TIF and two other council members, Mary Pat Clarke and Bill Henry, abstained. The measures passed without comment. “I couldn’t be more excited,” said Marc Weller, president of Sagamore Development, as he exited the City Council chambers…

































from http://www.bizjournals.com/baltimore/blog/real-estate/2016/09/city-council-passes-660m-tif-package-for-port.html?ana=RSS%26s=article_search