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Port Covington TIF session delayed as negotiations continue
Sagamore Development Co., which is seeking $660 million in public financing to redevelop Port Covington, and activists opposed to the deal will have more time to negotiate an agreement. The final […]
Port Covington public hearings nearing a climax
The Baltimore City Council committee reviewing legislation to grant Sagamore Development Co. public financing to overhaul Port Covington will hold its final work session Monday. Councilman Carl Stokes, chairman of […]
Stokes: Port Covington TIF to pass in way that ‘works for the whole city’
Councilman Carl Stokes made it clear he plans to take his time reviewing a legislative package creating $535 million in public financing for the proposed redevelopment of Port Covington. During […]
Sagamore reaches out to skeptic on development incentives
Under Armour founder Kevin Plank‘s real estate firm has briefed a key Baltimore City Council member who is a frequent foe of development subsidies about plans to redevelop Port Covington […]
Bill seeking proposed methadone clinic site rezoning in limbo
A bill intended to give residents more of a voice in the decision whether to allow a for-profit Methadone clinic to open in Harwood faces an uncertain future.
Apartment tax credit cruises through committee
Councilman Carl Stokes still thinks an across-the-board real property tax cut is a better way to encourage development in Baltimore.
Key councilman opposes new apartment tax credit
Councilman Carl Stokes says he does not support a bill creating a 10-year tax credit to encourage building apartments citywide.
Harbor Point TIF could cost $283 million
Although the initial request for one of three public tax breaks for a $1 billion development on the city’s waterfront near Harbor East is $107 million, the cost of repaying that amount will balloon to more than $283 million over the three-decade term of the bonds, according to city documents.
Stokes seeks investment for Perkins Homes community
Baltimore City Council member Carl Stokes introduced legislation Monday night that would require nearly $16 million be returned to a low-income area and public housing project near Fells Point that developers of the $1 billion Harbor Point project used to gain a $52 million state tax credit.
City Council lifts 50-cent cap on ticket surcharges
Licensed ticketing agencies can charge unlimited ticket fees for Baltimore events for the next six months, according to new legislation passed by the city council Monday.
City Council gives preliminary OK to bottle tax
A key committee of the Baltimore City Council voted Monday afternoon to send a proposed 3-cent increase in the city’s bottle tax to the full council for a vote this […]
Editorial: EBDI, part deux
The Baltimore City Council grilled the leaders of East Baltimore Development Inc. again last week, still looking for answers about the lagging $1.8 billion redevelopment project near Johns Hopkins Hospital. […]
