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Old 08-12-2013, 08:03 AM
5,289 posts, read 6,320,086 times
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Fells Point group withdraws its backing of Harbor Point

Takes no position on $107 million in TIF tax subsidies on eve of City Council hearing today.

Mark Reutter August 7, 2013 at 8:05 am Story Link 8
The Fell’s Point Residents Association withdrew its tacit support of the Harbor Point development, but did not take a position on the project’s $107 million in TIF tax increment subsidies.
“The group was split evenly on the TIF and unable to present a reasonable position until it has significantly more information about its fiscal impact on the city,” Arthur Perschetz, association president, said after the group met last night to re-evaluate the project on the eve of a City Council hearing today.
Previously, the group voted to “not oppose” Harbor Point (the group does not “support” any project, Perschetz explained, but instead decides whether to “oppose” or “not oppose”).
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