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Fishers City redevelopment commission approves purchase of two parcels after staff review of appraisals
Summary
The Fishers City Redevelopment Commission voted to proceed with acquisitions of properties at 8065/8605 South Street and 11425 Lantern Road after staff presented two appraisals per parcel and recommended purchase despite one parcel’s appraisals being lower than the agreed price; the vote carried.
Fishers City Redevelopment Commission members on Jan. 26 approved a resolution authorizing staff to move forward with the purchase of two parcels — identified in staff remarks as 8065 and 8605 South Street and 11425 Lantern Road — after receiving and reviewing two appraisals for each property.
Megan, a redevelopment staff member, told commissioners they had "received 2 appraisals for each of these properties" and that the commission had previously approved purchase of the area. She said the commission was being asked to…
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