Mount Vernon approves economic development steps to aid Liberty Crossing
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Mount Vernon approves economic development steps to aid Liberty Crossing
The Mount Vernon City Council advanced plans for economic development incentives during its meeting on May 12. These measures aim to support the development of Liberty Crossing, which includes approximately 228 multi-family units.According to a video recording of the council meeting, the city intends to establish a New Community Authority (NCA) to finance public infrastructure through bonds. Additionally, a commercial tax increment financing (TI…
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