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The Louisville Metro Council meeting of November 30, 2023 included consideration of Ordinance O-276-23, which would establish the One Park Development Area under Kentucky tax increment financing statutes (KRS 65.7041-65.7083). The ordinance designates the Metro Development Authority, Inc. as the agency responsible for implementing a development plan, authorizes the Metro to enter into a local participation agreement, and permits payment of a "released amount" under the agreement's terms, with action required by May 2024. The meeting was held virtually and was chaired by Council President Markus Winkler.
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