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Tuesday, September 12, 2017

City of Prescott to look at another land purchase downtown

The Prescott City Council came out of closed session from Monday evening's meeting and directed city staff to proceed on investigating another land purchase for the city in the downtown area.

The possible land purchase is to take place within a half-mile of the TIF (Tax-Incremental Financing) District No. 4 which is Broad St. and the downtown area.

The city has already bought two for sale, vacant properties near Broad St. to expand surface parking areas.

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