BALTIMORE-Further details surrounding the proposed $107-milllion tax incentive deal with Harbor Point developer Michael Beatty's firm came to light on Monday.

Baltimore Mayor Stephanie Rawlings-Blake introduced legislation proposing the tax-incremental-financing deal valued at $107 million to the City Council last night, according to the Baltimore Business Journal.

The proposal has received some criticism by some council members as too costly. According to information released by the mayor's office, the TIF funding will go towards financing the following: $59.1 million for five new public parks; $21.6 million for a half-mile of a new public promenade; $2 million for the expansion of the public charter school Crossroads School; $13.3 million for new public roads, sidewalks and utilities; and $10.4 million for a new public pedestrian and vehicle bridge to connect South Central Avenue with Harbor Point.

According to an analysis commissioned for the city, the project would generate more than $1 billion in new tax revenue over 30 years, including $683 million from property revenue. See story in the Baltimore Business Journal.