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City of Oroville to Hold Press Conference Regarding Demands from State’s Dept. Of Finance

Mayor Linda Dahlmeier will hold a press conference Wednesday to announce the City’s response to the California Department of Finance’s (DOF) demands regarding funds from the city’s former Redevelopment Agency held by the city pending final legal interpretation expected mid-February. The DOF has directed if the funds are not repaid by November 8, 2013, sales or property taxes due to the city may be withheld.

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