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The Downtown Development Authority approved an amendment to its bylaws by a 6-0 vote. The authority also reported that its July 31 balance was $501,304.26, including $372,800 in interest-related transfers from Series A and B bond accounts.
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The bylaw amendment changes the authority’s governing rules, although the minutes do not describe the specific revisions. The authority received updates on its properties, stormwater planning in Old Town, and continued work with future developers of the commercial tract at Main and US29. No public comments were received.
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