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Redevelopment Commission appropriates funds to close out Graham Road payment, reviews Scott Park, Innovation Park plans
Summary
The Franklin City Redevelopment Commission approved Resolution 2026-08 to appropriate funds related to the Graham Road reconstruction final payment (described in the meeting as roughly $124,000), reviewed cash-flow projections for 2026–27, and discussed funding and scheduling for Scott Park and a College Innovation Park.
Franklin City’s Redevelopment Commission approved Resolution 2026-08 to appropriate funds for expenses and costs related to the Graham Road reconstruction so the final contractor payment can be processed.
Presenters said the project’s work was complete and that there had been a miscommunication last year about reappropriating the funds; the appropriation places the money back in the city account so remaining dollars can be spent. During discussion staff identified a payment amount of $124,000 that they described as the final payment for milestone…
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