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Council debates future of Lexington Economic Development Corporation; no vote taken
Summary
Council members discussed whether to take to the voters the option to use some or all EDC sales-tax receipts for other city needs or to disband the EDC; the item was not an action item and no decision was reached.
The council held a discussion on the future of the Lexington Economic Development Corporation (EDC), focusing on two options described in the meeting minutes: taking the question to voters to allow use of some or all EDC sales-tax receipts for other city needs, or disbanding the EDC altogether. The agenda notes the discussion occurred but specifies that it was not an action item and that no motion was made.
The minutes do not record which councilmembers favored each option, whether staff provided cost estimates, or whether the council set any future date or process for pursuing the matter. The record shows the topic was discussed but left without formal direction.
