The Town of Zionsville Redevelopment Commission approved an additional appropriation, Resolution 2025-13, to cover a missed line-item for the final payment on a 2012 Redevelopment Area (RDA) bond.
Cindy Poor, identified in the meeting as the RDC treasurer, told commissioners the appropriation was needed because the final bond payment “got missed in the budget.” Poor said the bond payment itself had been made but that, without the appropriation, the commission’s budget line would show a deficit.
The appropriation was moved by Poor and seconded by an unidentified presiding speaker. Commissioners approved the resolution by a voice vote; the transcript records vocal assent (“Aye”) and the chair’s declaration that the “motion carries,” but the meeting record does not include a roll-call or numeric vote tally. The commission then moved to adjourn for the year; that motion was also approved by voice vote.
The action addresses an accounting shortfall tied to the commission’s obligations on a 2012 RDA bond and does not, according to the treasurer’s explanation at the meeting, reflect a missed bond payment to creditors. The commission took no other substantive actions at the special meeting and adjourned shortly afterward.
Next steps: the resolution was approved in the special meeting and the RDC adjourned; the transcript does not indicate any follow-up tasks or reporting deadlines connected to this appropriation.