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Port authority has potential purchaser for Warren plaza | News, Sports, Jobs


rselak@tribtoday.com
WARREN The Western Reserve Port Authority authorized its CEO on Wednesday to come to terms with a developer who wants to buy land the port authority controls downtown, 231 Main Ave. SW.
The board also agreed to move on a term sheet and preliminary agreement related to issuing revenue bonds and a sales tax exemption certificate for a company that is contemplating expansion in the Mahoning Valley.
CEO John Moliterno, however, could not comment much on either item, he said, without agreements in place.
But if the project, which the company remains undecided on, were to happen, “it would be a very good job creator for the Valley, so we’re very excited about that because this one would be a good one for everybody,” Moliterno said. ....

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