AN ORDINANCE APPROVING THE ISSUANCE OF BONDS OF THE BLOOMINGTON REDEVELOPMENT DISTRICT, ACTING IN THE NAME OF THE CITY OF BLOOMINGTON, INDIANA, IN AN AMOUNT NOT TO EXCEED $13,670,000 TO FINANCE ACQUISITION OF REAL ESTATE AND CONSTRUCTION OF CERTAIN IMPROVEMENTS IN THE DOWNTOWN ECONOMIC DEVELOPMENT AREA.
This resolution approves the Redevelopment Commission Res 11-13 and the issuance of Redevelopment District bonds in an amount not to exceed $13.67 million to finance the acquisition and development of approximately 12 acres of real estate in the downtown economic development area.
Amends Code | No |
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Committee | 2011-06-22 | 5-0-2 (Ruff, Rollo) Piedmont- Smith absent Wisler recused | |
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Final | 2011-06-29 | Passed | 7-0 Wisler COI, Mayer Absent |