Franklin County IDA Approves Bonds for Phoenix Center - The Missourian: Local News

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Franklin County IDA Approves Bonds for Phoenix Center

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Posted: Saturday, December 8, 2012 5:32 pm

The Franklin County Industrial Development Authority on Wednesday approved $10.2 million in revenue bonds for the developer of a Washington shopping center.

Phoenix Center II developer Joe Vernaci asked the board to approve the bonds to reimburse him for public infrastructure improvements, such as roads and sewer, that he has already made to the shopping center’s site off Highway 100.

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