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WINTER STORM WARNING & WINTER WEATHER ADVISORY

A WINTER STORM WARNING has been issued for Northern Baltimore and Carroll Counties and a WINTER WEATHER ADVISORY has been issued for Baltimore City, Harford, and Howard Counties through 6PM Wednesday evening.  Rain will be heavy at times through Wednesday morning, mixing with and changing to snow from northwest to southeast.  Any rain and snow should end just after sunset on Wednesday evening.  Snow totals could range from about 1-3" northwest of I-95, with up to 3-6" and localized high-elevation amounts up to 8" and road problems north and west of the Beltway.

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More Questions Surround Harbor East Development

Updated: Friday, August 2 2013, 09:22 PM EDT

The developer for a pricey project slated for a large slice of waterfront land in Baltimore is poised to receive $160 million in tax bonuses. Without any tax breaks the developers would still stand to make tens of millions of dollars – but they are asking for government assistance anyway.

According to an analysis the developers submitted to the city, the land is estimated to be worth $1.8 billion after it is developed into a headquarters for energy giant Exelon.

More than $100 million of the tax bonuses will come from the city if their request is approved. The developers would also receive another $52 million in tax credits if the project qualifies under the federal "enterprise zone" program. The project did not qualify until the BDC included census track data from residents of Perkins Homes, a Baltimore City housing project. Councilman Carl Stokes said this extended the boundaries of the area called "Harbor East."

The city will hold its first public hearing on the city tax incentives for this deal in July

More Questions Surround Harbor East Development


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