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expenses, because administrative expenses are not included in the permissible uses of the transferred <br />increment in the new law. <br /> <br />Proposed Action Items: <br /> <br />1. Hold public hearing considering the spending plan <br />2. Consider adopting resolution approving the written spending plan for Tax Increment Financing <br />(Redevelopment) District No. 3-2, Tax Increment Financing (Housing) District No. 3-3 and Tax <br />Increment Financing (Renewal & Renovation) District No. 5-1 <br /> <br />The Loan Agreement providing the terms of assistance between the City and developer will be provided for <br />consideration of approval at the June 20, 2022 City Council meeting. <br /> <br /> <br />