i)
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Recommendation: That a 1% annual
incremental Special Economic Development Levy BE APPROVED in 2012 and for the 2013 to
2016 forecast period; it being noted that the Special Economic Development
Levy is a key municipal investment required to stimulate the London economy,
create jobs in London, and provide for leverage financing with public/private
partners on major capital project initiatives which are to be prioritized by
the Investment and Economic Prosperity Committee.
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