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Redevelopment Commission approves claims register, financial report and several routine contracts; authorizes $2,200 appraisal

Valparaiso City Redevelopment Commission · January 9, 2026
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Summary

The commission unanimously approved the claims register and December financial report (TIF tax draw just over $4.1 million), finalized Paradise Homes reimbursements tied to down-payment assistance, awarded a $6,800 Montell Park topographic survey, approved four consulting agreements and a snow‑removal contract, and authorized a $2,200 appraisal for a Sylvania Road parcel.

The Valparaiso City Redevelopment Commission on Jan. 8 approved the claims register and December financial report and took several routine procurement actions.

Staff reported a TIF tax draw from the county just over $4.1 million and summarized year-end balances: a TIF cash balance of about $10,342,933 and general fund cash near $5,000,299 (consolidated balances discussed during the presentation). The commission approved the claims and financials by unanimous voice vote after members…

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