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Redevelopment Commission reviews March financials; John's Manville bond paid off
Summary
At its April 21 meeting the Richmond Redevelopment Commission approved the March 31 financials, reviewed allocation area balances, began re‑certification procedures for the certified technology park under IC 36‑7‑32‑7, and noted the final John's Manville bond obligation has been met, freeing funds for future projects.
The Richmond Redevelopment Commission reviewed and approved its March 31, 2026 financial statements on April 21, hearing a staff presentation that outlined available funds, ongoing projects and certification work.
Beth, the commission staff member who presented the report, said allocation area 1 has roughly $4,287,924.90 available for new projects, a figure that incorporates nearly $3 million in anticipated 2026 revenue. She reported no notable changes for allocation area 1 in March and answered member questions about project spending. Commissioners asked specifically about the Glenn Miller…
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