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Council approves Franklin Lofts allocation area in Jacobsville redevelopment plan
Summary
The council adopted a resolution creating an allocation area within the Jacobsville Redevelopment Area for the Franklin Lofts project, clearing the way for a bond ordinance expected at the next meeting and describing a proposed multifamily development of up to 54 units.
The Evansville Common Council on Monday adopted Resolution C20 25-04, approving a declaratory resolution by the Redevelopment Commission to create an allocation area for the Franklin Lofts project within the Jacobsville Redevelopment Area.
Nick Siriano, outside counsel to the Redevelopment Commission, told the council the measure "sets the table…
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