Four existing Providence developments seeking tax break extensions were met with both support – and strong opposition — on Tuesday night at a City Council Finance Committee hearing. Monohassett Mill, Pearl Street, Rising Sun Mills, and 100 Fountain Street went before the committee seeking five year extensions on their tax stabilization agreements with the city, garnering testimony from tenants and unit owners who said the sudden tax hike after the current TSAs ended would be insurmountable – as did residents of the city who questioned the rest of the taxpayers continuing to offset the cost of the tax breaks.
