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<br />RECOMMENDED ACTION: <br />No further action is required at this time. Formal approval of the modification of the Redevelopment <br />Plan for Redevelopment Project Area No. 1 and the Proposed Modification of Tax Increment Financing <br />District No. 3-3 will be considered at the December 16th City Council meeting following a review by the <br />Planning Commission for conformance with the Comprehensive Plan.