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Merrillville council adopts annual resolution to capture incremental assessed value
Summary
The Town of Merrillville council unanimously approved Resolution 25-09 on May 27, 2025, a routine, annual measure instructing its financial adviser to pursue capture of incremental assessed value for the redevelopment commission.
The Town of Merrillville Council unanimously approved Resolution 25-09 on May 27, 2025, instructing its financial adviser to pursue capturing incremental assessed value on behalf of the Merrillville Redevelopment Commission.
The measure, described by council members as an annual procedural step, passed on a 5-0 roll-call vote after a motion by Councilwoman Uzelak and a second from Councilwoman Chandler Felton. Councilwoman Chandler Felton, Councilwoman Haynes Edwards, Councilwoman Musilak, Councilwoman Hardaway and Councilman Pettit all voted in favor.
Council members said the resolution is a recurring action to allow the town’s redevelopment officials and financial adviser to proceed with tax-increment or similar redevelopment financing steps. Bob Swentz, present from the financial adviser London Witte, was noted in the record during the discussion.
No public hearing or additional substantive debate on the resolution occurred at the meeting; the vote completed the council’s action for this agenda item.
The vote followed routine consent and attendance confirmations earlier in the meeting. The council did not change the substantive scope of the redevelopment authority’s request at the May 27 session.
