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Champaign City Council backs M2 incentives

By Mike Monson
Wednesday December 13, 2006

CHAMPAIGN – City council members decided Tuesday night that $5.5 million in financial incentives isn't too big a price to pay for a new downtown anchor building.

In an 8-0 vote, council members generally approved the outlines of a development agreement for the proposed $40 million "M2 on Neil" project.

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