💰 Financial Record

payment

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Transaction Details

Amount

USD $660,000,000.0

Payer (From)

Baltimore City Council / Public Financing Linked to Baltimore City Council / Public Financing

Payee (To)

Port Covington Development Linked to Port Covington Development

Transaction Date

January 01, 2016

Description

Financing package for mixed-use development

Additional Details

Date string: 2016

Amount string: 660000000

Source document: HOUSE_OVERSIGHT_016417.jpg

📄 Source Document

HOUSE_OVERSIGHT_016417.jpg

ESTATE Collection

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Document Summary

This document is a page from a House Oversight Committee production (Bates HOUSE_OVERSIGHT_016417) containing an excerpt of a news article regarding 'Opportunity Zones.' It details a massive development in Baltimore's Port Covington involving Under Armour and Goldman Sachs, discussing how developers like Weller Development navigated tax laws to secure benefits for pre-planned projects. It concludes by mentioning Boulder, Colorado, as a jurisdiction that rejected such designations.

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