In its current form, the proposed tax break for Harbor Point is unacceptable. On top of $107 million handed outright to the developer, and $113 million in tax breaks that have already been awarded to the project, the city would stand to lose another $174 million from interest payments on the bonds, and a $200 million loss of public school financing from the state. Baltimore's newest, richest community would remain tax-free for over 20 years, while public services in the city's poorest neighborhoods will continue to be cut.

It is with this in mind that we, the undersigned, actively oppose this bill, and pledge to never again vote for any city official who supports it.