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Title:
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A bill for an Ordinance authorizing the execution of a First Amendment to Tax Regulatory Agreement relating to Highlands Garden Village Apartments.
(BUSINESS, WORKFORCE & SUSTAINABILITY) Modify the tax regulatory agreement regarding $6,615,000 in private activity bonds (PAB) issued to construct Highland Garden Village Apartments in the old Elitch Gardens amusement park site to replace AMI Capitol, Inc with Beerkadia Mortgage Company as the first mortgage holder. The Committee approved filing this bill by consent on 9-1-11.
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