The Portland City Council's Community Development Committee voted 3-0 to recomme

Authors

Source

Portland Press Herald

Date

7-26-1994

Pages

1B

Abstract

The Portland City Council's Community Development Committee voted 3-0 to recommend that the city council give Unum Corp. a $10 million tax incentive to help the company expand. Under the proposal, Portland would create a Tax Increment Financing district and allow Unum to keep 75 percent of the taxes generated by the company's new $36 million building. A public hearing is scheduled for August 15 on the plan, after which the full council will vote. Details.

Subjects

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

Recommended Citation

"The Portland City Council's Community Development Committee voted 3-0 to recomme" (1994). Maine News Index – Portland Press Herald. 14021.
https://digitalcommons.portlandlibrary.com/news_pph/14021