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New Hagerstown developments could generate $2.65 million

January 23, 2008|By DAN DEARTH

City Planning Director Kathleen Maher told the Hagerstown City Council on Tuesday that four developments, when they're finished, could generate about $2.65 million in annual property and income tax revenue.

"Growth is having a good impact and is bringing a promising outlook for the future," she said.

The developments are Hager's Crossing, Greenwich Park, Hillside Manor and Cortland (Manor and Villas).

Maher said the city could use the additional revenue, among other things, to buy a fire engine, and hire more firefighters and police officers.

Maher said the city has to wait for the housing market to get back on track, however, before the revenue from residential developments would be recognized.

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