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Paris council adopts Reinvestment Zone No.1 project and financing plan, tables proposed bylaws
Summary
Councilors approved the final project plan and financing plan for Reinvestment Zone No.1 but voted to table the board bylaws for revision, citing inconsistencies with Paris policies and missing references to ethics, staggered terms and local committee practices.
Councilors on Feb. 24 approved the final project and financing plan for the City of Paris Tax Incremental Financing Reinvestment Zone No.1 but tabled proposed bylaws so staff can revise wording and align them with local practices.
Miss Easton told the council the board was formed in December, held a first meeting in November and reviewed bylaws, a preliminary financial plan and the project plan. She said the materials were provided by a consultant and the planning board had recommended the documents. Consultant Larry Klein, who later addressed the council, described the project and financing plan as…
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