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Tag Archives: mondawmin mall

TIF use could grow in Maryland with new legislation

Legislation to expand the use of tax increment financing in certain growth areas of the state is expected to be introduced in the General Assembly next week, according to Jon Laria, chair of the Maryland Sustainable Growth Commission. During a ...

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Private developers’ tax breaks to come under intense scrutiny

Should financially strapped Baltimore support private development? That is one of the questions posed by a city task force that studied the practice of granting millions in taxpayer incentives for economic development. Over the next six months, city leaders will ...

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FBI agents note disclosure lapses in Currie trial

FBI agents testified Thursday about financial disclosure lapses in a federal bribery case against state Sen. Ulysses Currie, who is charged with selling his influence in Annapolis to do favors for a grocery store chain. Prosecutors focused on state financial ...

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Scope of Currie’s contract, actions at issue

Federal prosecutors opened their case against state Sen. Ulysses S. Currie on Tuesday by casting him as a greedy lawmaker who strong-armed state agency officials to benefit Shoppers Food Warehouse Corp., which paid him a “consulting” fee of nearly $250,000 ...

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Baltimore finds funds for EBDI TIF

Baltimore finance officials have drained nearly half a million dollars from a special account to help cover the $1.4 million repayment due this month on $78 million in tax increment financing bonds issued for the struggling East Baltimore Development Inc. ...

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General Growth, Struever and BB&T Bank to receive special tax bills

City officials this month will send out $652,000 in special tax bills for tax increment financing bond repayments because property taxes collected from three prominent city developments were not enough to reimburse investors. The Clipper Mill, Belvedere Square and Mondawmin ...

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