Council approves bond proposal for Crossroads expansion

June 18, 2015 8:27 AM

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The city of Meridian will contribute $2.8 million toward expansion of the Crossroads Shopping Center project.

The city council agreed Tuesday to a tax increment financing bond issue. A TIF is designed to use future tax revenue to pay for improvements.

Also read: Vale to refinance US$2bn of debt next year: CFO

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