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Metro Council approved the final reading of ordinances for the East Bank and Global Mall redevelopment plans at its Tuesday meeting.

An ordinance approving a private act by the state that establishes the East Bank Development Authority passed unanimously. The board will consist of nine members who can enter into contracts, manage property, issue bonds and exercise powers of authorities such as industrial development, housing, parking and port. The board is charged with administering the master developer agreement that Metro has already passed regarding the East Bank property with the Fallon Company.

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