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Resource ID: #24746
Subject: Developers
Source: St. Cloud (Minn.) Times
Affiliation: 
Date: 06/20/2010; 06/21/2010; 06/22/2010

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Description

For years, St. Cloud-area cities have used public financing to pay upfront for improving roads and extending water and sewer utilities to new housing developments. Developers were supposed to pay off the debt through assessments, but many are falling behind on payments, leaving cities to bear the cost.

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