Lebanon, Indiana Redevelopment Commission Meeting 10/14/25

Lebanon Redevelopment Commission · October 15, 2025

The Lebanon Redevelopment Commission met Oct. 14, 2025. The commission approved minutes and claims, held public hearings and confirmed declaratory resolutions, and approved two TIF-backed bond pledges: one for NewCold phase 3 (up to $20.5 million) and one for the Paddock Place multifamily project (up to $3.2 million). Both bond pledges were presented with feasibility summaries from Baker Tilly; NewCold representatives described a $500M+ investment and about 200 jobs. Commissioners also corrected a clerical reference in the NewCold resolution.

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Transcript

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