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News Brief

2009-01-06CHILLICOTHE, MO |  By: Wayman

Chillicothe Fast Lanes Bought

The city has partnered with Chillicothe Development Incorporated to lease the facility for 2.2 million dollars… as part of an eventual buying of the complex.

The city's portion of the complicated financial arrangement is $990,000, about 45 percent of the project's total.

The city, Chillicothe Development, and other partners will also receive a portion of the proceeds should fast lane be sold in the future.