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Crothersville Redevelopment Commission hears TIF briefing, sets 2026 meeting dates
Summary
The Redevelopment Commission on Dec. 15, 2025, received a briefing from Justin Chang of Reedy Financial on tax-increment financing impacts and an assessed-value decrement, approved routine motions, set three meeting dates for 2026, and discussed filling an open commissioner seat.
Justin Chang, representative of Reedy Financial, briefed the Crothersville Redevelopment Commission on Dec. 15, 2025, about the tax-increment financing (TIF) impact on other agencies and an assessed-value (AV) decrement. The commission approved the meeting agenda and prior minutes and set its 2026 meeting schedule.
The meeting opened at 6 p.m. with Commissioner Jamy Greathouse presiding. Commissioner Jason Hillenburg moved to approve the agenda; Commissioner David Lee seconded. The motion carried, recorded as 4-0. Commissioner Dale Schmelzle later moved to approve the Nov. 17, 2025 meeting minutes; Commissioner David Lee seconded and the motion carried, 4-0.
At the substantive briefing, Justin Chang of Reedy Financial discussed potential impacts of the commission's TIF on other taxing agencies and referenced an AV decrement. The minutes record the topic but do not provide numeric estimates, fiscal tables, or a stated timeline for when any decrement would be realized. The commission did not record follow-up motions or decisions tied to the briefing in these minutes.
Commissioners also discussed and confirmed meeting dates and report needs for 2026, scheduling meetings for Jan. 5 at 6:30 p.m., Feb. 24 at 6:30 p.m., and Nov. 17 at 6:30 p.m. The commission discussed the need to fill an open commissioner position; the minutes do not list any nominees or a process or deadline for filling the vacancy.
Commissioner David Lee moved to adjourn, Commissioner Jason Hillenburg seconded, and the motion carried 4-0. The minutes end with an apparent transcription artifact on the final line that reads 'p dent,' which the clerk should clarify in the official record.
Votes at a glance: approval of the agenda (moved Hillenburg, second Lee, carried 4-0); approval of Nov. 17, 2025 minutes (moved Schmelzle, second Lee, carried 4-0); motion to adjourn (moved Lee, second Hillenburg, carried 4-0).
Next steps: the commission will proceed with the previously stated 2026 meeting schedule and pursue filling the open commissioner seat; additional fiscal details on the TIF and AV decrement were not recorded in these minutes and may appear in future meeting materials or reports.
