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June 12, 2012

Lenexa City Council approves foreclosure of City Center East properties

At a special meeting Tuesday night, the Lenexa City Council approved two ordinances allowing banks to foreclose on their properties at the City Center East development. The approval allows the banks to foreclose the properties they own and to exchange the titles to the properties with the city for an economic development grant in the amount equal to the delinquent taxes owed on each property.

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