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Speedway redevelopment commission approves loans, property transfers and contracts in brief session
Summary
The Town of Speedway Redevelopment Commission approved an economic development loan and training grant, transferred and authorized sale of a town-owned property at 5630 Crawfordsville Road, and authorized vendor and legal contracts; all votes were unanimous 4-0.
The Town of Speedway Redevelopment Commission approved a package of economic and property actions during a brief meeting, including a low-interest loan and training grant to a local business, a property transfer and sale, and three administrative contracts.
The commission approved resolution 2026-1 to provide Ideal Food Group a $110,000 incentive for equipment purchases — structured as a $100,000 low‑interest loan and a $10,000 training grant — to support a small butcher shop on Main Street. Economic…
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