In a letter sent July 8 to the Ethics Commission, attorney Tim Mara alleges that Towne Properties, a firm owned by the family of Councilman Chris Bortz, holds a 50-percent stake in a newly created firm established so the project could receive $21 million in Tax Increment Financing (TIF) from the city. City Council approved the TIF deal at its June 29 meeting, with Bortz abstaining from the vote.