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Council votes to approve creation of downtown enhancement tax – Indianapolis Business Journal

The 19-5 vote, which followed party lines, creates an economic enhancement district or EED bound by North, East, South and West streets the Mile Square that would see increases to property taxes within those boundaries. ....

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Committee advances proposal for Mile Square district imposing property-owner fee – Indianapolis Business Journal

The City-County Council Metropolitan and Economic Development Committee heard testimony from over a dozen downtown residents and representatives of prominent companies before passing the proposal, 8-3. ....

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