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IndiGo board approves transfer of south half of vacated Pearl Street from City of Indianapolis

5418726 · July 17, 2025
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Summary

The IndiGo Board of Directors adopted Resolution 2025-05 authorizing transfer of the south half of vacated Pearl Street to expand operations at the Carson Transit Center; the parcel is about 0.14 acres and will be transferred at no cost.

The IndiGo Board of Directors on July 17 adopted Resolution 2025-05 authorizing the transit agency to acquire the south half of a vacated portion of Pearl Street from the City of Indianapolis for use at the Carson Transit Center.

Chief Legal Officer Robert Fry told the board the parcel — roughly 0.14 acres — was vacated in 1982 and historically split so adjacent property owners received the north and south halves. Fry said the City and the Metropolitan Development Commission of Marion County had already approved transferring the south half to IndiGo at no cost, and IndiGo would only pay minimal deed-recording fees.

Fry said, “It is recommended that the Board of Directors adopt proposed resolution number 2025-05, authorizing Indigo to acquire certain real property interest from the city of Indianapolis, namely the South half of vacated Pearl Street for use in the operation of the Carson transit center.” The board heard that the city had torn down an adjacent county facility and plans to redevelop the site, which prompted the transfer.

Board members held a roll-call vote after a short discussion about the size and operational benefit of the parcel. Directors present indicated support and the chair announced that the motion carried. The transfer will create a small amount of additional operating space on the south end of the transit center; staff said recording costs would be minimal (under $100).

The resolution authorizes execution of the deed transferring the identified interest from the City of Indianapolis to IndiGo and directs staff to record the deed and take related steps to integrate the parcel into Carson Transit Center operations.