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Economic Development Commission adopts four resolutions authorizing TIF bond proceedings for housing projects
Summary
The commission unanimously adopted four amended and restated resolutions authorizing steps related to issuance of economic development tax-increment revenue bonds for housing projects in Castle Rock, Park West, Warner Moore and St John EDA 2.
At its Aug. 26 meeting, the St John Economic Development Commission voted to adopt four amended and restated resolutions authorizing actions and proceedings with respect to proposed economic development tax-increment revenue bonds for local housing projects.
The adopted resolutions are identified on the agenda as EDC 20 26-08-26A (Castle Rock project), EDC 20 26-08-26B (Park West), EDC 20 26-08-26C (Warner Moore series) and EDC 20 26-08-26D (St John Economic Development Area 2). Each motion received a second and passed by voice vote; the meeting record cites multiple 'ayes' and records the motions as passed.
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