common_council_proposed_agenda_november_18_2025.pdf
MAB Capital awarded $7M bonds for Avanza at Hyde Park
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Description
MAB Capital Investments, LLC awarded $7 million taxable economic development revenue bonds for Avanza at Hyde Park Project to finance construction of 237-unit residential development and infrastructure over 25 years.
Contract Details
Contract Amount
$7,000,000
Vendor
MAB CAPITAL INVESTMENTS LLC
Agency
Town of Noblesville, IN
Contract Type
Economic Development Revenue Bond
Document Date
November 18, 2025
Contract Term
2025 – 25 years
Renewal Date
NA
Renewal Info
Bonds issued with interest rate not to exceed 8%, payable over 25 years
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