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Board adds Merchant Square build-operate-transfer scoping to agenda, authorizes negotiations with proposer
City of Carmel Board of Public Works and Safety · December 3, 2025
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Summary
An add-on item approved Dec. 3 authorizes utilities, engineering and legal to proceed with scoping and negotiations with the top-ranked proposer ('Avenue') for the Merchant Square road and utility improvements, which include three roundabouts and Kinzer Avenue extension.
The Board of Public Works and Safety voted Dec. 3 to add and approve an add-on item to proceed with scoping and negotiations for the Merchant Square road and utility improvements under a build-operate-transfer (BOT) approach.
Sergei Gertrzukin of the Office of Corporation Counsel presented the unexpected…
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