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Monroe City Council: March 22, 2012
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MONROE - In a meeting Tuesday, the City of Monroe Finance and Taxation Committee:- Voted unanimously to refinance the loan for Tax Increment District No. 7 to receive a lower interest rate but without paying off any principal. The refinancing is expected to save about $350,000 on repayment cost over the life of the bond.MONROE - In a meeting Tuesday, the City of Monroe Common Council:- Following a public hearing, passed an ordinance, by a 9-1 vote, distinguishing special boards, committees and commissions, needing council approval for mayoral appointment, from standing committees, which do not require council confirmation.