Redevelopment Authority

Meetings

  • As-needed basis. All meetings will be noticed in advance.

Agendas & Minutes

Agendas are available prior to the meetings. Minutes are available following approval.

View Most Recent Agendas and Minutes

Members

  • Lori Mishler
    Term Expires: 2020 to 2022
  • Phil Sparks
    Term Expires: 2020 to 2022
  • David Warswick
    Term Expires: 2020 to 2022

The Redevelopment Authority is defined and established by Indiana Code I.C. 36-7-14.5-8 and Town Ordinance 31.76. The Redevelopment Authority consists of three board members appointed by the Town Council President for three-year terms.

Overview

The purpose of the Redevelopment Authority is to:

  • Acquire all or a portion of local public improvements from the Redevelopment Commission by purchase or lease and leasing these local public improvements back to the Redevelopment Commission with any additional improvements that may be made to them
  • Acquire all or a portion of local public improvements owned by the Redevelopment Authority and leasing them to the Redevelopment Commission
  • Acquire local public improvements from the Redevelopment Commission by purchase or lease to fund or refund indebtedness incurred on account of those local public improvements to enable the Redevelopment Commission to make savings in debt services obligations or lease rental obligations or to obtain relief from covenants that the Redevelopment Commission considers to be unduly burdensome
  • Finance, construct and lease local public improvements to the Redevelopment Commission
  • Perform the issuance of bonds to finance local public improvements