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Fishers Council approves bond measures, property-maintenance update and a tax abatement for relocating biopharma
Summary
The Fishers City Council approved several financial and regulatory measures including bond ordinances tied to the Grey Eagle golf course project, a confirmatory resolution establishing an economic revitalization area for a relocating biopharmaceutical company at 12001 Exit 5 Parkway, and a property-maintenance code update.
The Fishers City Council on July 21 approved a package of economic development and regulatory measures, including bond ordinances linked to the Grey Eagle Golf Course project, a confirmatory resolution to establish an economic revitalization area (ERA) and tax abatement for a biopharmaceutical company relocating to Fishers, and amendments to the city’s property-maintenance code.
Lisa Bradford, Fishers city controller, told the council the council had previously approved first reading of the bond ordinances tied to two portions of the Grey Eagle project — one for the golf course and one for age-targeted multifamily housing — and that the project agreement had been updated to allow interest proceeds to be split between the golf course and the…
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