abstract | - Two tax abatements plans surfaced in early 2007. One from William Peduto and the other from Luke Ravenstahl.
* Peduto wants to use tax abatements with a 10-year, 100 percent tax abatement for construction Downtown and adjoining neighborhoods. City property tax would be waived. Peduto said, "I can't compare my plan to his because he doesn't have one. I can't debate a press release." Ravenstahl "took a carefully crafted economic development tool that has been lacking in this city for the past 20 years and turned it into a game of one-upmanship."
* 18-member working group formed by Peduto
* for Downtown, the Lower Hill District, North Shore, South Shore, the Strip District and Uptown.
|