Port Covington
The Brew’s Mark Reutter didn’t mince words today on the Marc Steiner Show, where he gave the WEAA host and listening audience a primer on his reporting about the $535 million Port Covington TIF.
Is it or is it not a subsidy? “A TIF is a subsidy.”
Are the bonds floated to pay for the financing solid? They are costly to underwrite and more like “junk bonds.”
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