Tag: tax stabilization agreement
City Finance Committee approves $1.2M tax deal for Federal Hill development
PROVIDENCE – The city Finance Committee on Tuesday signed off on a $1.2 million tax break for a Providence development project on a series...
Five Questions With: John J. Igliozzi Jr.
John J. Igliozzi Jr. | President, Providence City Council
1. What are your top priorities as council president? Priority No. 1 is stabilizing our...
Providence Finance Committee considers tax deal for Federal Hill development
PROVIDENCE – A proposal to give a prominent Providence developer a tax break on plans to renovate a long-vacant series of parking lots in...
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...
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