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Committee recommends interlocal agreement so IDB offsets finance services to general fund

Budget and Finance Committee · April 6, 2026
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Summary

Staff proposed a draft interlocal agreement between the city and the Industrial Development Board so IDB funds offset finance services provided by the city; the committee recommended the agreement following IDB review.

City staff asked the Budget and Finance Committee to recommend a draft interlocal agreement with the Industrial Development Board intended to formalize finance and administrative services and offset those costs to the IDB.

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