CONSTRUCTIONAPPROVED

City of Mishawaka Common Council Meeting Agenda March 16 2026

Mishawaka Approves $19M Public Improvement Deal with Gurley Leep

approximately $19 million (cumulative public improvements: $8 million for utility and roadway improvements serving Gurley Leep site + $11 million additional public improvements)City of MishawakaGURLEY LEEPMarch 15, 2026

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Description

The Mishawaka Common Council approved a financing agreement with Gurley Leep, who will front $19 million for public improvements including utility extension and roadway upgrades for the auto mall development. Funding is backed by tax increment, with no direct city financial risk, as authorized by Resolution R2026-07.

Contract Details

Contract Amount

approximately $19 million (cumulative public improvements: $8 million for utility and roadway improvements serving Gurley Leep site + $11 million additional public improvements)

Vendor

GURLEY LEEP

Agency

City of Mishawaka, IN

Contract Type

CONSTRUCTION

Document Date

March 15, 2026

Renewal Info

Tax increment bonds repaid as area generates new tax revenue; no city obligation for shortfall. Project funding includes $8M Gurley Leep improvements, $11M additional city-desired improvements.