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Financing Plan. As part of the process, the City Council approved the Development Contract <br /> between the City and Presbyterian Homes and approved an interfund loan to advance money <br /> from the PIR Fund to finance qualified costs and be reimbursed from the tax increments <br /> derived from the Tax Increment District. <br /> City Council Meeting <br /> P:\Admin\Council\Agendas&Packet Information\2012\01-30-12 Reg Mtg\Packet Information <br /> Page 4 of 4 <br />