Action:
A proposal for a publically funded, 3,000- to 4,000-seat ice rink venue was withdrawn; the $21,000 final payment from the Road Impact Fee Fund for updated traffic count equipment was approved; and a new health care provider for town of Zionsville employees will take effect in July.
Mike Latz, president of the Zionsville Redevelopment Commission, also provided Council members with an update. Similarly, Charles Edwards, president of the Zionsville Economic Development Commission, updated the Council on his Commission’s activities.
What it means:
Latz’s update showed that the Redevelopment Commission is moving out of a planning stage and into a project phase – for example, the Commission funded the construction of the Ind. 334 Pathway Bridge, and is working to develop the 96th Street area. The Redevelopment Commission also plans to extend part of the town’s water and sewage systems and will receive bids in the late fall from private companies. Microloans of $20,000 are being offered to lure businesses into the 96th Street redevelopment area.
What’s next:
Applications for the Redevelopment Commission’s microloans are open, and so far interest is promising.
“I’m optimistic for the future,” Latz said in regards to the further business development in the 96th Street area.
The Economic Development Commission will hold a public, formal presentation of its plan June 26. The next Town Council meeting