On Nov. 9, by a 5-2-1 vote, the Cleveland-Cuyahoga County Port Authority Board of Directors voted to repeal its Prevailing Wage provision. The Cleveland-Cuyahoga Port Authority is a public agency that provides financing solutions for economic development projects in Cuyahoga County and beyond. The Port Authority partners with economic developers, government entities and banks to provide funding options for projects in the private, non-profit and public sectors. According to its website, since 1993, the agency has funded 150 projects, issued $4.5 billion in bonds and leveraged $6.1 billion in construction.
Read MoreCuyahoga County Council voted on Dec. 14 to extend the County’s sales tax to pay for the new jail, set to be built in Garfield Heights. Taxpayers will pay the County’s 0.25 percent sales tax for an additional 40 years, which local leaders estimate will create enough revenue to fund the construction of the new county jail. The tax, which was set to expire in 2027, passed Council by a 6-5 vote and will stay on the books until 2067. The sales tax revenue has funded large downtown projects since 2007, according to The Cleveland Plain Dealer.
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