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4.1. SR 12-22-1997
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4.1. SR 12-22-1997
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12/22/1997
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Recommendation <br /> <br />Staff is recommending that the Council approve an expenditure of up to <br />$198,769 in excess tax increment dollars from Tax Increment Financing <br />District No. 5 for the purchase of approximately 4.4 acres from Country <br />Ridge, Inc. in the Elk River West Business Park and that upon closing of this <br />transaction, the property be transferred from the city to the Economic <br />Development Authority. <br /> <br />Attachments <br /> <br />· Plat <br />· Draft Purchase Agreement <br /> <br />council\wstbsnpk.doc <br /> <br /> <br />
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