City Council gives final OK to amended ProvPort tax agreement

THE PROVIDENCE CITY COUNCIL on Thursday gave final approval to a tax agreement with ProvPort Inc., authorizing the holding company to retain control of, and share tax revenue from, its swath of portside land for another 30 years. / COURTESY PROVPORT INC.
PROVIDENCE – The wave of criticism over the city’s tax agreement with its primary port operator appears to have calmed, with the City Council unanimously approving an amended version of the 30-year tax extension on Thursday. The 14-0 vote marks the end to a monthslong controversy over the agreement allowing holding company ProvPort Inc. to…

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