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Town of Merrillville Redevelopment Commission adopts timetable for RDA bond financing, 4-0
Summary
At its April 22, 2025 meeting the Town of Merrillville Redevelopment Commission approved a resolution setting a timetable for financing economic development projects through RDA bonds and directed staff to compile a road inventory; the measure passed 4-0.
The Town of Merrillville Redevelopment Commission on April 22, 2025 adopted a resolution approving a timetable related to financing certain economic development projects through redevelopment (RDA) bonds, voting 4-0 with one member absent.
The timetable approval is the commission’s first formal step toward using RDA bonds to finance eligible projects, and commissioners asked staff to assemble a road inventory so specific streets can be made eligible for RDA funding. The commission noted the…
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