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05.02 - TIF 1-9 - Lime Greenery
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09-06-2011 Council Meeting
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05.02 - TIF 1-9 - Lime Greenery
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City of <br />`.. <br />Pequott <br />Lakes— <br />AGENDA ITEM #5.2 <br />REPORT TO <br />CITY COUNCIL <br />Date: September 6, 3011 <br />Subject: TIF 1 -9 — Lime Greenery <br />Report: Lime Greenery (Tax Increment Financing <br />District #1-9) is in default according to the Development <br />Agreement. The property is currently in foreclosure. <br />Council Action Requested: The Council is requested to <br />send a letter to Lime Greenery stating the fact that they are <br />in default of the Development Agreement. <br />
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