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The Economic Development Authority voted 6-0 to readopt its bylaws, including the policy allowing members to participate remotely for medical or personal reasons. Staff also continued work on potential changes to the InvestFXBG loan program, with recommendations expected in about two months.
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The authority renewed its rules for operating and participating in meetings, keeping remote attendance available in qualifying circumstances. The InvestFXBG loan program is under review, but no changes were approved at this meeting. Staff will consult local banks before presenting recommendations.
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