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Council approves administrative resolution creating North End Phase 3 TIF allocation area
5436037 · July 21, 2025
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Summary
Council approved a resolution implementing a North End Phase 3 allocation area within the Old Town Economic Development Area to align tax‑increment allocation timing with project construction schedules.
CARMEL, Ind. — On July 21 the Carmel Common Council approved a resolution that implements a new North End Phase 3 allocation area inside the Old Town Economic Development Area and associated documentation, an administrative step following prior bond approvals for North End Phase 2.
Redevelopment Director Henry Mestetsky said the action…
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