Augusta Will Consider Break for Developer ; a Tif Proposal for the Kennebec Arsenal Will Face Formal Action by the City Council On Sept. 18. Will Take Ups.

Summary

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A North Carolina developer's request for the largest tax break in city history has critics, and even some supporters, wondering how far public dollars should be spread around.

"I think it's going to take some discussion," said Augusta Mayor William Dowling. "I don't think everybody is totally sold on it yet."

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Extract

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Augusta Will Consider Break for Developer ; a Tif Proposal for the Kennebec Arsenal Will Face Formal Action by the City Council On Sept. 18. Will Take Ups.

Officials of Niemann Capital, a company that specializes in renovating historic buildings for commercial reuse, agreed last week to scale back its request for city tax-increment financing for the $10 million restoration of the rive...

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