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Glasgow council approves $85M financing plan for Tate Inc.
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Glasgow council approves $85M financing plan for Tate Inc.
By GAGE WILSON for Glasgow News 1 At its second meeting of the month, the Glasgow City Council agreed to issue $85 million in industrial revenue bonds for Tate Inc., which plans to bring 400 jobs to the former R.R. Donnelley and Sons building. The cap amount increased by $10 million — from $75 million to $85 million — since the issuance was first introduced at the council’s October meeting. At that October meeting, council members approved an “I…
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