Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Financial Claims Bond Payment topic
No spam. Unsubscribe anytime.
Redevelopment Commission approves claims, records Horizon Convention Center bond payment
Summary
The Muncie Redevelopment Commission approved claims including a record of Regions Bank payment on the Horizon Convention Center series 2014 bond; staff said the convention center paid the bond using food and beverage tax revenue.
The Muncie Redevelopment Commission approved its claims docket on Sept. 18, 2025, and members recorded a convention-center bond payment in the claims report.
Deputy Controller Matt Waggly presented the claims package and highlighted a payment to Regions Bank associated with the Horizon Convention Center, described in the meeting as the Series 2014 bond. Waggly said the convention center made the payment using food-and-beverage tax receipts and that the item appears in the Redevelopment Commission records for state board of accounts reporting.
Commissioners then voted to approve the claims. The vote was recorded as unanimous: Commissioners Bishop, Dale, Miller, Prabilla and Waggley voted yes.
Why it matters: Claims and bond-service payments are part of the commission's fiscal oversight; recording the payment in the commission's claims packet creates an audit trail for the state board of accounts.
No further details about bond principal, interest amounts, or account balances were provided during the meeting.
The commission moved next to a financial update from staff.
