BALTIMORE-Though jeered by some, the Baltimore City Council approved a bill on Monday authorizing the city to sell bonds for the construction of the infrastructure for the controversial $1-billion Harbor Point project here.
The council voted 11-3 in favor of the measure before a packed Council chambers filled with many opponents of the project that includes a controversial $107-million tax incremental financing plan.
The bill now moves to third reading and is expected to win final approval that will allow Beatty Development to begin construction of the Exelon Corp. headquarters building this fall. See story in the Baltimore Business Journal.
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