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Lexington city council approves grants for development project

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DAVIDSON COUNTY, N.C. — Lexington plans to pump thousands of dollars into what appears to be a major economic development project.

According to The Dispatch, there are two grants involved, one of which will be used to purchase property to be leased to a company.

The second is a $10,000 yearly grant to be paid if the company meets the contract requirements.

Details of the project have not yet been released.

Read more: The Dispatch