Redevelopment commission amends bond language to include depreciable personal property
The Bremen Redevelopment Commission approved Resolution 2026-6 to amend previous bond language so incremental taxes from depreciable personal property, in addition to real property, may be pledged to pay bonds; the town attorney said the change reflects lender rules and does not materially alter coverage.
The full story
The Bremen Redevelopment Commission on Sept. 25 approved Resolution 2026-6, amending earlier bond language to state that incremental taxes from both real property and depreciable personal property may be pledged to pay bond obligations.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in