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(b) $200,000 for municipalities located in the 7-county metropolitan area, or <br />$125,000 for all other municipalities. <br />The authority to spend tax increments under this authorization expires on December 31, <br />2016. Expenditures of tax increments are allowed beyond that date only to pay bonds or binding <br />contracts that would qualify as having been expended for purposes of the 5-year rule. <br />387282v1 JSB KG400-1 3 <br />