The Elkhart Common Council on Tuesday approved Ordinance 25‑O‑17, authorizing the city to issue one or more series of economic development tax increment revenue bonds for a housing project in the Boulder Run Economic Development Area.

Mike Hubert, Development Services director, told the council this action implements a previously adopted confirmatory resolution that created the TIF. "This is the same development, Boulder Run development in the Jean Wood Drive, Hinky Street area. The you guys passed the confirmatory resolution creating the TIF last, last meeting, and this is just, issuing the the the TIF bond," Hubert said.

Council members asked whether other developers were building in the immediate area and whether those projects were seeking similar assistance. Hubert said the bond issuance relates to a single developer/site for this project; he was not aware of other projects approaching the city for assistance and said the developer for Boulder Run is the party buying the bond. Council members raised traffic and cumulative‑development questions; Hubert said he would double‑check permit and subdivision filings to confirm other nearby lots or builders.

No members of the public spoke during the council’s public comment period on the ordinance. The council approved the ordinance on unanimous roll call (motion by Councilwoman Hines, second by Councilwoman King recorded). The recorded votes show all eight council members voting Aye; the ordinance passed 8–0.

Staff did not present bond terms during the meeting. Hubert said the developer is the purchaser of the bond and that the action authorizes bond issuance and authorizing actions; further documentation, bond series and financing details will be completed in subsequent steps with the city bond counsel and finance staff.