While residents got a chance to check out some of the project’s amenities last week, several important financial pieces are scheduled for this week.
The City Council Tuesday will hold a public hearing regarding the tax abatement for The Harrison condominium project. If granted – which could be done Tuesday – the tax break would save the project $850,000 over 10 years at current rates. Greg Leatherman, executive director of redevelopment, said the question of whether those abatements transfer to the people who purchase the condos is still unresolved.
“We have to have that answered before we go before council,” he said.
The hearing is 5:30 p.m. Tuesday in room 128 of the City County Building.
The Fort Wayne Redevelopment Commission Thursday also accepts bids for electrical, plumbing and mechanical work for the stadium. City officials hope the run of low bids continues for these three large contracts.
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