After months of public debate and behind-the-scenes lobbying, the $660 million Port Covington TIF tax increment financing deal became official today when Mayor Stephanie Rawlings-Blake signed three bills enabling it.
“Finally, the day has arrived – and I say, finally,” Rawlings-Blake said at a City Hall signing ceremony.
“Was that an exhale I heard?” she quipped, turning to the throng of city lawmakers in attendance, along with officials from surrounding communities and from the Sagamore Development Co., the real estate arm for Under Armour CEO Kevin Plank.
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