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Lawrenceburg redevelopment commission adopts Resolution 1-2025; redevelopment balance $1.05 million
Summary
The Lawrenceburg Redevelopment Commission adopted Resolution 1-2025 and heard a financial report showing $1,054,440.61 in redevelopment funds as of June 4, 2025.
The Lawrenceburg Redevelopment Commission on Tuesday adopted Resolution 1-2025, described in the meeting as a measure “determining need to capture.”
Commissioners were also presented with the commission's financial report: the redevelopment fund balance was stated as $1,054,440.61 as of June 4, 2025.
Commission staff introduced the resolution during new business and asked for questions; a motion to adopt the resolution was made and approved by voice vote. The meeting record shows a standard ‘‘aye’’ voice tally and the chair declared the motion passed.
The financial figure was provided by staff during the meeting when the commission moved from roll call into the financial report. No further budgetary detail or line-item allocations were presented at that time.
The resolution was presented on the agenda as Resolution 1-2025 with the short description provided at the meeting, but the transcript does not include the full text of the resolution, its legal mechanism, or specific projects to which any captured increment would be applied. The record also does not state whether adoption requires subsequent state or city approvals.
Commissioners moved on to other agenda items after the vote; no amendments to the resolution were recorded.
The meeting later considered other redevelopment items including a property contract and sign incidentals, both discussed and acted on by the commission.
