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The Economic Development Authority approved a 2026 EDA tax levy of $309,510 and a 2026 HRA tax levy of $315,827, with all six present members voting yes.
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The approved levies set the Economic Development Authority’s tax-supported funding for 2026. Members also approved including five economic development priorities in a regional strategy survey, including infrastructure expansion, a future I-35 interchange, rail spur development, business retention and expansion, and housing and workforce needs. The authority also approved holding a public hearing on a proposed purchase agreement involving several North Branch industrial and business park properties.
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