The Morning Report
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The Background |
The Oct. 12 City Council meeting was council members’ first chance to discuss last-minute state legislation that made a big decision without their knowledge. |
The legislation, introduced and approved hours before the passage of the state budget, effectively extended the Centre City Development Corp.’s lifespan for 20 years and allowed the agency to collect a big share of an estimated $6 billion in future downtown property taxes. |
CCDC Executive Vice President Frank Alessi was the only one answering questions about the deal at the meeting. |