City Council approves $29M tax treaty for ‘Superman’ redevelopment project

THE PROVIDENCE CITY COUNCIL on Thursday gave the final approval to a 30-year, $29.4 million tax treaty for the "Superman" building redevelopment project. / PBN FILE PHOTO/PAMELA BHATIA
PROVIDENCE – The pieces of a complex funding puzzle for the “Superman” building redevelopment are falling into place, with the City Council giving the final stamp of approval to a tax treaty Thursday. The 11-2 vote, with one abstention, was the second of two needed on the 30-year tax agreement for developer High Rock Westminster…

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