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Edmonton’s city council is set to approve an additional $6 million for a new park in The Quarters as the redevelopment continues to creep forward.

The borrowing bill goes before council Tuesday.

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The park — with a grassy area, plaza and snazzy red tent-like shelters — will run along the new pedestrian way on the east side of 96 Street north of Jasper Avenue.

The city is funding upgrades to east downtown through a provincial tax-levy system, which lets Edmonton borrow against future local tax increases to upgrade sewers, roads and public spaces.

Approved in 2013, so far the redevelopment has weathered the economic downturn and is still on track to meet at least the lowest revenue projections, said city director Mary Ann Debrinski. “We are tracking according to our original projections,” she said, speaking to a written update released to council Thursday.

Over 20 years, increased taxes in The Quarters are expected to yield at least $149 million, which will cover the debt Edmonton took on for all improvements so far.