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Grambling TIF nears approval

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GRAMBLING — With the signature of Gov. Bobby Jindal the last remaining piece needed for approval, the Town of Grambling will be taking a major step toward economic development with the passage of Senate Bill 564.

Authored by District 29 Sen. Rick Gallot, SB564 will create the Grambling Legends Square tax increment financing district in the area, which will allow the town to have a way of repayment for improvements in its infrastructure.

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