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Commission OKs $1.98 million grant to Town Hall Building Corporation to buy two redevelopment parcels

November 24, 2025 | Fishers City, Hamilton County, Indiana


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Commission OKs $1.98 million grant to Town Hall Building Corporation to buy two redevelopment parcels
An unidentified speaker (Speaker 3) presented a resolution approving a grant agreement to transfer $1,980,000 to the Town Hall Building Corporation to acquire two properties for redevelopment. The speaker said roughly $1,000,000 of the total would cover the Chicken and Pickle parcel (including closing and title costs) and the remainder would cover the parcel at 9645/8645 South Street behind First Internet Bank.

The speaker said the Town Hall Building Corporation will purchase the parcels and then transfer them to the redevelopment commission over time to be used for economic development in accordance with the body's standard processes. Commissioners moved and approved the resolution by voice vote.

The transcript records the transfer amount and the intended purpose; no additional financing details, conveyance timelines, or purchaser names beyond the Town Hall Building Corporation were given in the meeting record.

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