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Institute funding supported; $2.5 million request gets OK from tax zone

Showing unified support for the proposed Texas Bioscience Institute, the Tax Increment Financing Reinvestment Zone Number One approved a $2.5 million funding request for the institute from the Temple Health and Bioscience Economic Development District on Wednesday.

Later in the day, the bioscience board discussed the next steps required after the Temple City Council approves the inter-governmental agreement outlining the plan for the funds.

The funding will be used for

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