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10.2 SR 03-01-2021
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10.2 SR 03-01-2021
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4/30/2021 10:06:44 AM
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2/26/2021 11:29:35 AM
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3/1/2021
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bakertitl <br />y <br />now, toi tamer -Ow. <br />Current Project requesting TIF Assistance <br />1. Stonewood Development LLC proposing redevelopment of <br />former Saxon site <br />2. Construction of two 89-unit market rate rental apartment <br />buildings for total of 178 units <br />3. Total estimated development cost of $34.7M <br />4. Would require establishment of Redevelopment TIF District <br />5. Developer request for 20 years of TIF assistance requires <br />a. Policy amendment or <br />b. Policy deviation <br />
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