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The Port Authority approved a contract with D & D Holdings, LLC for a $900,000 business subsidy by a 3-2 vote, contingent on City Council approval of the amended and restated TIF spending plan.
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The approved agreement would provide financial support for a Rosemount restaurant project with expanded seating and kitchen space. The subsidy request increased from $750,000 to $900,000, with project representatives citing higher construction costs and an additional $800,000 investment. The agreement is not final until City Council approves the updated TIF spending plan.
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