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The board voted 5–0 to approve a second amended economic development agreement for the Alexander Village mixed-use development, with an incentive of up to $2.2 million. Approval was subject to staff and attorney revisions and execution of a deed of trust lien on the property.
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The agreement sets the terms for a potential incentive supporting the Alexander Village mixed-use development at 13601 IH-20, 4051 and 4105 S. Beltline Road. The board approved the agreement unanimously, but the final terms may be revised by staff and attorneys and require a property lien.
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