Pawtucket soccer stadium taxes upped to $10M as city agrees to second revenue bond

AN UPDATED AGREEMENT for the Tidewater Landing project approved by the Pawtucket Redevelopment Agency on Wednesday calls for the developer to pay nearly $10 million more in city taxes to pay off the second revenue bond the city is issuing for the project./ COURTESY FORTUITOUS PARTNERS
PAWTUCKET – The city will charge the Tidewater Landing developer nearly $10 million more in taxes on the soccer stadium to help pay back the additional debt the city has agreed to take on for the project.  An updated master plan agreement outlining the changes of the tax treaty and city revenue bonds for the…

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