Howard de­lays vote on Columbia over­haul

Baltimore Sun - - AROUND THE REGION - — Bal­ti­more Sun Me­dia Group

Af­ter a flurry of last-minute amend­ments that capped four months of de­lib­er­a­tion, the Howard County Coun­cil de­layed its vote Mon­day night on a deal that will guide the de­vel­op­ment of down­town Columbia over the next 40 years. The coun­cil moved its vote on the pack­age, which in­cludes com­pet­ing plans to in­cor­po­rate af­ford­able hous­ing and a $90 mil­lion pub­lic fi­nanc­ing deal, to 7 p.m. Wed­nes­day. The tax in­cre­ment fi­nanc­ing deal ear­marks fu­ture tax rev­enues from the down­town de­vel­op­ment to pay back county bonds and other costs as­so­ci­ated with the new de­vel­op­ment. In tes­ti­mony sub­mit­ted to the coun­cil late Mon­day, Howard Hughes Corp. ob­jected to sev­eral amend­ments pro­posed by coun­cil mem­bers. The de­vel­oper will trans­fer its own­er­ship of Mer­ri­weather Post Pavil­ion to a lo­cal non­profit if the TIF and af­ford­able hous­ing bills pass with­out any “ma­te­rial changes,” ac­cord­ing to a sum­mary of an agree­ment.

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