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Mayor Bach orders review of Urban Renewal Authority

Posted: Feb 15, 2012 4:27 PM by Greg Boyce

The Colorado Springs City Government will conduct a review of the Urban Renewal Authority, including financial records.

Mayor Steve Bach ordered the review and asked for cooperation from Urban Renewal.

The financial status of the Urban Renewal Authority has come into question in recent weeks after it defaulted on a loan payment for the University Village development project on North Nevada.

Topics: bach, urban renewal authority, default, loan, city, colorado springs

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