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Redevelopment Commission approves resolution forwarding TIF educational agreement to town council, 4-0
Summary
After presentations and public comment, the RDC approved a resolution as written by voice vote (recorded 4-0) forwarding an educational program agreement for the Brownsburg schools to the town council for final action; staff said the agreement language and funding amount would be updated as necessary and that council adjustments would return to the RDC if raised.
The Brownsburg Redevelopment Commission voted to approve the resolution as written and to forward the educational program agreement to the Town Council for consideration at its April 23 meeting. The commission recorded the voice vote as 4-0 in favor.
The resolution forwarded the staff-drafted program agreement that would provide funding for educational workforce and curricular programs to the Brownsburg Community School Corporation. Staff and the town’s financial advisor explained the agreement would allocate a discrete amount from the North Beltway TIF in 2027 subject to budget availability and an invoice process; the agreement also requires the school to report back to the RDC with program updates after the school year.
Commission discussion during the meeting focused on a calculation discrepancy about what base constitutes the '15%' figure (whether it should be 15% of TIF collections only or 15% of all RDC receipts including interest and abatement fees). Counsel and staff described why their calculations differed and confirmed that the agreement document would be updated to reflect the final, agreed dollar amount prior to payment. Commissioners noted that any town-council modifications would return to the RDC under the commission’s statutory authority.
The motion recorded in the transcript was to approve "the resolution as written"; commissioners later confirmed the intent that the council could amend the amount but that any increase would come back to the RDC for final RDC action. The voice vote was recorded as 4 yes, 0 no; the transcript did not individually list each commissioner’s roll-call vote.
