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The Economic Development Corporation unanimously approved a motion of intent to provide Lava Java, LLC, up to $25,000 for eligible infrastructure improvements at 2402 16th Street. The project represents a reported $265,000 capital investment.
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The action moves forward a proposed economic development incentive for Lava Java’s site improvements, but the minutes identify it as a motion of intent rather than a final incentive agreement. A public hearing was held, and the project owners reported that site demolition was expected to be completed that day. No action was taken on three additional economic development projects discussed in closed session.
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