Unum Corp. is asking the city of Portland to create a Tax Increment Financing di

Authors

Source

Portland Press Herald

Date

4-26-1994

Pages

1A, 14A

Abstract

Unum Corp. is asking the city of Portland to create a Tax Increment Financing district so it can build a four-story, 240,000-square-foot office building at its complex off outer Congress Street. The new building would generate $20.8 million in taxes over 20 years, and under Unum's proposal it would get to keep $16.6 million, with $4.2 million going to the city. Details.

Subjects

Tax increment financing -- Portland, Unum Corporation -- Portland

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