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East Peoria approved the purchase of three tracts totaling 272.48 acres between U.S. Route 24 and Centennial Drive for $5,204,638, or $19,100 per acre, for future development.
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The purchase secures a large property bordering the city limits for potential future development. The council also approved a supplemental appropriation for the unexpected property expense, purchased a fire department ambulance and two airpacks, and advanced updated restrictions for residential solicitors. A three-year agreement with the Policemen’s Benevolent Labor Committee was also approved.
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