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Councilmen vote to keep TIF funding

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Columbus city councilmen modified a proposal to forgo $3 million in tax revenue next year, deciding instead to collect all of the money available for downtown development.

Mayor Kristen Brown asked the council last month to give up some revenue from one of the city's tax-increment financing (TIF) districts for one year.

On Tuesday, council members instead voted to collect all of the revenue because there are several large projects coming down the pipeline.

For more on this story, see Thursday's Republic.

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