The Fredericksburg Economic Development Authority and Kalahari Resorts have reached a compromise on bond fees. The agreement calls for a fee on Kalahari's taxable bonds in exchange for the company agreeing to pay the standard fee on the tax-exempt issuance.

The compromise allows the Fredericksburg EDA to charge one-eighth of 1% annual fee to issue tax-exempt bonds. In return, the authority will reduce the charge on the taxable bonds.

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