RDC Meeting 2026-09-08

The Greenwood Redevelopment Commission held a meeting on September 8, 2026, focusing on several procurement and development matters. Key procurement discussions included approval of a property tax abatement application for Exit South Tech Land LLC, reflecting a $21 million real property investment in a revised single-building project. The commission also reviewed a letter of intent to sell property adjacent to a Speedway gas station to 7-Eleven, with plans to negotiate terms and conduct appraisals before public bidding. Additionally, the commission approved a professional services agreement with the Lock Miller Group for survey and design work on a road and bridge project funded 80% by Indianapolis, targeting construction in 2029. Other procurement-related actions included approval of a $312,563 contract for mechanical engineering services and a claims docket totaling approximately $330,197. The commission also recommended approval of a riverfront district alcoholic beverage permit for PF Chains China Beach Inc., supporting local economic development. Budget and tax increment financing updates were provided, with projections for 2027 revenues and upcoming appropriation plans. Motions related to these procurement and budget items were unanimously approved by roll call votes.