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Council approves TIF and redevelopment agreements recommended by committee
Summary
The Lebanon City Council approved a tax-increment financing (TIF) agreement providing $10,000 annually for five years to improve an identified building and separately authorized a redevelopment agreement; both recommendations came from committee and were approved by roll call.
The Lebanon City Council voted to approve a TIF agreement that will allocate $10,000 a year for five years to support improvements on the building discussed in committee, and separately authorized a related redevelopment agreement. Council members moved to approve both items on the committee’s recommendation; because the…
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