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Merrillville redevelopment panel approves lease resolution to clear path for Southside fire station and paving projects
Summary
The Merrillville Redevelopment Commission unanimously adopted Resolution 25-11 authorizing a lease with the Redevelopment Authority that would allow construction of the Southside Fire Station and associated paving work; adoption starts a 30-day objection period before bond closing.
The Merrillville Redevelopment Commission on June 24 adopted Resolution 25-11, authorizing execution of a lease between the Town of Merrillville Redevelopment Authority and the Merrillville Redevelopment Commission to allow construction of the Southside Fire Station on Whitcomb Street and related paving projects.
The vote was 5-0. Adam Sturwold, bond counsel with Barnes & Thornburg, told the commission the town council and redevelopment authority already approved the project and that adoption by the commission would trigger publication of notice of execution and a 30-day objection period. "If you decide to move forward and adopt the resolution tonight, notice of execution will be published. That'll provide for a 30 day objection period," Sturwold said.
Nut graf: The adopted resolution is an enabling step toward issuing bonds and closing financing for public works in Merrillville. The 30-day objection window is a statutorily typical period during which interested parties can file objections before the town may move toward bond issuance and closing.
In discussion preceding the vote, commissioners did not receive public comments during the hearing. The commission opened a formally advertised public hearing on Resolution 25-11, accepted Sturwold's overview of the process, invited public comment, and—after hearing none—moved to adopt the resolution.
The resolution authorizes the lease and related matters; Sturwold said, pending the objection period and absence of challenges, the town could proceed toward bond issuance and closing. The commission did not set a public schedule for bond sale during the meeting; Sturwold said the published notice would mark the start of the objection period and, after that, the town could move toward issuing bonds.
Ending: The commission carried the motion by roll call vote 5-0. The resolution begins the public-notice and objection timeline that must elapse before the town can finalize financing and move to construction.
