Town of Bargersville Plan Commission Agenda Packet 2026-06-15
Forestar Commits $250K for Future SR 135 Signal
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Description
Under the Meadowbrook PUD ordinance, Forestar (USA) Real Estate Group Inc. must provide a $250,000 "Future Traffic Signal" cash contribution to the Town to fund a signal and intersection work at SR 135 and the project’s southern access. Payment is triggered by either the 300th lot’s final plat or issuance of a traffic signal warrant.
Contract Details
Contract Amount
$250,000
Vendor
FORESTAR (USA) REAL ESTATE GROUP INC
Agency
Town of Bargersville, IN
Contract Type
OTHER
Document Date
June 15, 2026
Renewal Info
One-time cash contribution obligation tied to project buildout milestones under PUD Ordinance 2023-22; no renewals specified.
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