The City Council of Indianapolis convened on September 19, 2025, to discuss key updates and decisions regarding the Indianapolis Airport Authority. The meeting commenced with a motion that was swiftly seconded and approved, with one abstaining vote from Duane Gibbs.

Following the approval, Executive Director Miranda Rodriguez presented her report, highlighting significant developments within the authority. She introduced two new student learners, Lily Russ and Adelaide Lindsley, who are part of the authority's talent development strategy. Rodriguez emphasized the importance of these additions for long-term growth and stability.

Rodriguez then provided a financial stability update, inviting Robert to present a brief overview. He noted that over the past decade, the authority has achieved an 88% increase in reserves and has successfully reduced total debt by $127 million. This reduction was attributed to sound management practices and strategic investments totaling between $600 million and $700 million.

The Executive Director also mentioned a new premier airline agreement that has contributed to the authority's stability, which has been recognized by rating agencies with an upgrade in their credit profile. Additionally, the authority has terminated all swaps and variable rate debt, thereby reducing financial risk and complexity.

Rodriguez concluded her report by highlighting a significant increase in capital investment capacity, which has grown from $5.5 million to $45.4 million over the past ten years. This increase positions the authority to continue delivering public value and to invest robustly in future projects.

The meeting underscored the authority's commitment to financial stability and strategic growth, setting a positive tone for future developments at the Indianapolis Airport.