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the city also agreed to purchase an adjacent 40 acres of land and sell it for future development. The $12 million in bonds for the land purchase would have been repaid through Tax Increment Financing (TIF) revenues and sale of the adjacent lots. However
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to make their cases for and against the sale of $12 million in bonds for the purchase of 64 acres on the city’s west side. If allowed
Submitted by admin on Thu, 02/07/2013 - 2:54pm
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