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DS-2. Economic Development Authorities (A) <br />The League believes that it is unfair and unreasonable to grant greater <br />authority and power to some cities in the economic development field and <br />requests the following legislative changes accordingly: <br />1. Authorize all cities to designate economic development areas anywhere <br />within their jurisdiction, not as present law provides requiring that economic <br />development areas be continguous and meet the tax increment finance <br />redevelopment/blighted area test. <br />2. Authorize the issuance of debt with respect to project activities <br />within economic development districts without a referendum. <br />3. Authorize a separate levy of .75 mills for economic development <br />purposes. <br />4. Authorize the economic development authority to build buildings or <br />structures on land owned by the authority. <br />=4- <br />