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Commission approves claims and notes July bond payments on claims list
Summary
The Speedway Redevelopment Commission approved the claims and expenses for the last period after Economic Director Kyle Markley highlighted that July included scheduled bond payments; a motion to approve passed 4-0.
At the July 27 meeting, Economic Director Kyle Markley summarized the claims and expenses report and pointed out that July included scheduled bond payments. He noted that bond payments occur in January and July, making this one of the commission's larger months for claims.
"You can start to see that we start getting, payments for our bonds," Kyle Markley said, noting the timing of payments. Committee member (S3) moved to approve the claims "that we approve the claims as presented," and the motion was seconded and approved by voice vote, recorded as "Passes 4 0."
The commission approved the claims by consent after the motion and vote; no further amendments or objections were recorded in the meeting transcript.
