Dustin Meeks, an attorney with Barnes & Thornburg LLP, told the Fishers Redevelopment Commission the city will update the authorized parameters for previously issued bond anticipation notes and the eventual takeout bonds for the CityView mixed‑use development at 116th Street to reflect market conditions and additional interim borrowing needs. "Weare looking at up to four years of continued interim financing," Meeks said.

The resolution authorizes increases to the maximum principal amounts for both the bond anticipation notes and the eventual bonds, raises the maximum annual lease rentals payable under the related public leases, and allows a higher maximum interest rate on the interim and permanent obligations to align with current market offers. Meeks said the changes are intended to provide additional interim financing prior to completing permanent financing transactions for the project.

A companion amendment approved by the commission modifies one of the existing public leases to adjust the value and the extent of the lease premises. That amendment releases certain road segments that were part of a 2016 financing lease that have been paid down and adds other city roads as lease premises to support the expanded CityView lease. An unidentified speaker noted the city maintains a substantial inventory of roads within Fishers and that leases are released back into inventory when prior financings are paid down.

The commission opened a public hearing on the resolution, heard no public comment, and then moved and approved the resolution by voice vote.

The vote approvals were recorded by voice and no roll‑call tallies with individual names were provided in the transcript.