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Prospect mayor: council gave first reading to ordinance for public‑private development of ‘Ed’ property on US 42
Summary
Mister mayor told the Forestation Board Aug. 14 that the city council gave first reading to an ordinance to allocate funds so Prospect can join a public‑private partnership to develop the undeveloped 'Ed' parcel west of the fire station on US 42; annexation and further council action remain next steps.
Mister mayor told the Prospect Forestation Board on Aug. 14 that the city council gave first reading to an ordinance that would allocate funds for the city to participate in a public‑private partnership to develop the undeveloped Ed property just west of the fire department on US 42. He said annexation of the parcel is required before the partnership can proceed.
The report framed the action as an early step: the mayor described working with Jim Brainard, identified in the meeting as a consultant and former mayor of Carmel, Indiana, who is…
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