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Baltimore County council set to vote on Tradepoint Atlantic's development plan

The vote would give the county a $78 million assistance plan for Tradepoint Atlantic
Posted: 7:08 AM, Dec 17, 2018
Updated: 2018-12-17 12:34:56Z

Baltimore County council members will vote on a deal Monday that could improve the infrastructure in Sparrows Point.

The vote would give the county a $78 million assistance plan for Tradepoint Atlantic, a global logistics park that was once the home of the steel mill.

If the council votes for the deal, the money would go towards helping the company build roads, water lines, and sewer pipes.

RELATED: Tradepoint Atlantic submits development plan that could bring jobs and revenue to Baltimore County

In November, former Baltimore County Executive Don Mohler announced Tradepoint Atlantic’s public infrastructure agreement proposal. Mohler’s said the agreement would require the county to reimburse Tradepoint Atlantic for $34 million in road construction and $44 million in water and sewer infrastructure.

The project would be funded through resources given to the county by the state for new projects within designated Enterprise Zones . The water and sewer infrastructure would be paid through the Metropolitan District Fund, which is designed to fund public water and sewer projects.

The December 11 public hearing received no criticism of the deal.

If the proposal is approved, it would go to County Executive Johnny Olszewski’s desk. Olszewski said he likes the deal.