Tag: tax stabilization agreement
Providence City Council gives first approval to revised TSA proposal
PROVIDENCE – Compromise legislation imposing wage standards for larger development projects that receive city tax breaks while exempting smaller-dollar projects received the initial green light...
Legal concerns may prompt revisions to Providence TSA reform
PROVIDENCE – Whether the city can legally set wage requirements for projects that receive property tax breaks has been called into question, prompting possible...
Hotel Hive project on hold; developer may seek deadline extension
PROVIDENCE – A controversial tax deal inked between the city and a hotel developer may need to be revised due to the pandemic.
Jim Abdo,...
Wage requirements in Providence TSA proposal pit developers against unions
PROVIDENCE – A proposal to add wage and labor requirements for developers whose projects receive property tax breaks in the city has fanned flames...
Providence City Council looks to expand authority over tax breaks to...
PROVIDENCE – After failed attempts to remove politics from the city’s process for giving tax breaks to developers, the Providence City Council appears to...
Does Providence need an administrative, rather than political, approval process for...
The Providence City Council needed to use a parliamentary procedure to vote on a requested 20-year tax-stabilization agreement from the city, after a subcommittee...
City Council approves tax deal for Providence hotel
PROVIDENCE – The City Council on Thursday approved a $2.7 million tax break for a developer planning to turn two vacant downtown buildings into...
Providence Committee on Finance to consider 4 TSAs this week
PROVIDENCE - The Providence Committee on Finance is scheduled to consider three new tax stabilization agreements Thursday, along with a TSA amendment, according to...
Providence council could appoint former assessor as TSA consultant
PROVIDENCE – David Quinn, the former Providence city assessor, could be appointed as a contract consultant to the City Council overseeing tax stabilization agreement...
Edge College Hill Two approved for $18.7M TSA by Providence City...
PROVIDENCE - The Providence City Council approved an $18.7 million, 20-year tax-stabilization agreement, or TSA, for Steeple Street RI LLC, for the Edge College...
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