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Port Levy

Friday, November 9, 2012

Port Authority Analyzing Options After Levy Failure

The Port of Cleveland is assessing its options after Cuyahoga County rejected a $90 million tax levy.

Officials from the Port of Cleveland say they are assessing "the message from voters" after Cuyahoga County rejected a tax levy that would have helped improve the port's vital maritime infrastructure. County voters rejected the levy by a solid majority, with 285,301 voting against it, or about 57 percent, and 218,215 voting for it, or about 43 percent, according to unofficial results. In a letter by Port Chairman Robert Smith and CEO William Friedman, stressed the importance of the levy, which would have raised about $90 million over five years. Port officials say the projects associated with the levy money would have brought jobs and economic development to the region. "The levy proposal included capital investments critical for jobs in …

Thursday, October 25, 2012

Issue 108: Port Levy Tied To Jobs, Economic Progress of Region

Port of Cleveland CEO William Friedman said updating the port's infrastructure is key to the economic vitality of Northeast Ohio.

Keeping the Cleveland's port infrastructure in good condition is key to the economic vitality of Cuyahoga County and Northeast Ohio, said Port CEO William Friedman. That's why Friedman wants county voters to approve Issue 108, a .67 mill tax levy to help the port improve the maritime infrastructure along Lake Erie and the Cuyahoga River. The levy, which includes renewal of previously passed levy money and a new tax increase, would bring in about $90 million over five years. The cost of the levy on property owners would be about $20 per year for every $100,000 in home value. The taxes would be first collected in 2014. Friedman said that nearly 18,000 jobs and $1 billion in payroll depend on the waterways and that the region can't afford to …

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