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The Economic Development Authority approved up to $15,000 to complete an Alta survey for the Interstate Business Park, supporting future industrial projects and the site’s shovel-ready designation.
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The survey will provide updated land measurements and topographic information needed by businesses evaluating the Interstate Business Park. Staff also reported that nearly 1,300 residential units are active or planned and that more than 20 manufacturing companies operate in North Branch. The EDA received an overview of tax increment financing, a tool often used to help support development, but took no action on it.
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