Council brokers tax deal with developer

The way the Bridgeport City Council 's counteroffer to the prominent McClutchy family of developers came together, the only thing missing was the proverbial cocktail napkin for scribbling down the terms. But by week's end, what seemed like a last-minute, long-shot compromise over a package of tax subsidies had been accepted by McClutchy-run JHM Financial Group , and Phase 2 of its ambitious East Side housing development was closer to breaking ground.

via Bridgeport Newswire http://ift.tt/1DraM28