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Committee recommends surplus-fund transfer to Town Hall Building Corporation for land purchases tied to recent bonds
Finance Committee, City of Fishers · November 12, 2025
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Summary
Staff told the committee it will transfer surplus funds to the Town Hall Building Corporation so that entity can purchase land under city-issued bonds; staff cited $6,000,000 tied to the 2024 G.O. bond and $23,000,000 tied to State Road 37 land acquisitions.
City staff presented a proposal to allow surplus funds to be transferred to the Town Hall Building Corporation, the legal entity that will hold and purchase land on…
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