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Cedar Rapids plans to use $9 million in state award on parking ramp, recreation

With a $9 million award from the state to fuel key developments, Cedar Rapids will use Reinvestment District program funds on public projects. Though still in the works, it appears the Guaranty Bank redevelopment and Paramount high-rise will have to find funding elsewhere.

NOTABLE TRANSACTIONS: Indiana auto dealership buys land in Prairie Crossing in Altoona

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