Provided by Johnson Controls, the Hall of Fame Village performance center is one of six buildings that are part of a tax-raising financing scheme that will be used to pay off the project's bonds.

The Canton-Stark County Port Authority is moving forward with plans to issue bonds to fund the ongoing development of Hall of Fame Village powered by Johnson Controls.

At a special meeting last week, port authorities approved the issuance of special obligation revenue bonds to generate $7.5 million in core performance. We also approved a preliminary agreement for a $19.5 million tax increase loan bond to help fund the infrastructure costs of the project.

The bond is separate from a $5 million loan to Hall of Fame Resorts and Entertainment from Stark County’s new revolving loan fund approved by the Port Authority in August.

more:Stark Port Authority Approves $5 Million Loan for Hall of Fame Village

The Hall of Fame Resort is using various forms of financing to build the Hall of Fame Village campus around the Pro Football Hall of Fame.

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