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Merrillville redevelopment commission approves $33 million lease-and-bond plan to fund fire station and road work
Summary
The Merrillville Redevelopment Commission approved a form of lease and preliminary bond issuance totaling about $33,000,000; the funds would be used to acquire roads and finance the Southside Fire Station, Wickham Street work and other road paving. A public hearing and council approval are next steps.
The Merrillville Redevelopment Commission approved a form of lease and preliminary bond issuance totaling approximately $33,000,000 on May 27, 2025, a step that would let the authority acquire certain town roads and provide financing for the Southside Fire Station, Wickham Street improvements and other road paving projects.
Adam Sturwell, bond counsel with Barnes & Thornburg, said the authority met just before the council and approved the lease and the…
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