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County to participate in federal new markets tax credit

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On Oct. 18, Mesa County Commissioners adopted a resolution approving participation in a federal new markets tax credit (NMTC) financing transaction and authorized the execution of all required financing documents for the construction of the Early Childhood Education (ECE) facility and community center in Clifton, located at 3270 D ½ Road. As a result, Mesa County expects to receive $4,416,250 in tax credit funding to support the development of the Clifton Community Campus, equal to about 14% of the total project cost. 

View the discussion and approval of this resolution.


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