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Members of the Oldham-La Grange Development Authority are close to reaching an agreement with The Hocker Group to develop a portion of Oldham Reserve.
Don Basham, OLDA chairman, said OLDA met this past Thursday and approved some changes to the agreement, which they then sent back to The Hocker Group.
Negotiations stopped last year between the two, mainly due to the state of the economy, Basham said, and some infrastructure improvements associated with Oldham Reserve.
The improvements include an overpass and a road connecting Oldham Reserve to the interstate.
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