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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 /> <br />