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Council tables EID ratification after petition challenges Sola development process
Summary
A petition filed on Nov. 4 challenged the legality of the Economic Improvement District tied to the Sola development, alleging property transfers to the LLCs did not occur before the EID petition was filed.
A petition filed at the Nov. 4 Michigan City Common Council meeting challenged the legal formation of an Economic Improvement District tied to the Sola development, prompting a detailed response from bond counsel and a vote to pause final ratification until city legal staff can report back.
Resident Carly Dunn told the council she filed a formal legal objection alleging the EID was invalid because the parcels at issue were not owned by the LLCs when the petition was filed. "The parcels of land were not owned by the LLCs at the time that the petition was filed in July," Dunn said, adding she researched minutes and Indiana code provisions before submitting the objection.
The council heard a rebuttal from bond…
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