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Mount Vernon is moving forward with an application to designate part of downtown as an Opportunity Zone, with tax incentives intended to encourage economic activity. The Council was asked to sign a letter supporting the application.
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The designation could make qualifying downtown investments eligible for tax benefits, but the minutes do not say whether the application has been approved. The Council also reviewed draft land-use policies for a Comprehensive Plan update covering the next 20 years, including housing and growth issues. An updated traffic report and a citizen advisory committee are planned for the Eaglemont Master Plan study.
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