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Fishers council approves interfund loan to complete Barrett Law road projects
Summary
The Fishers City Council approved a resolution authorizing an interfund loan from the general fund to the Barrett Law fund to finish two private-road improvement projects, setting repayment terms and amending the term to 20 years.
The Fishers City Council on Dec. 16 approved R121624B, a resolution authorizing an interfund loan from the general fund to the Barrett Law fund so the city can complete two Barrett Law road improvement projects.
City Controller Lisa Bradford told the council the two projects — Barrett East and Barrett West, which cover business parks and adjacent commercial parcels on both sides of State Road 37 — have total improvements of about $1,600,000. Market interest in selling…
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