Civic IQ
FINANCIAL_SERVICESAPPROVED

board_of_public_works_and_safety_meeting_agenda_no.pdf

Hyde Park road impact fee credits approved for MAB Capital

Road Impact Fee credits totaling approximately $1.645 millionCity of NoblesvilleMAB CAPITAL INVESTMENTS LLCNovember 4, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Description

The Noblesville Board approved a Road Impact Fee Credit Agreement with MAB Capital Investments, LLC for the Hyde Park project, granting roughly $1.645 million in fee credits tied to roadway infrastructure and a future bridge. The arrangement leverages developer investments in public road facilities.

Contract Details

Contract Amount

Road Impact Fee credits totaling approximately $1.645 million

Vendor

MAB CAPITAL INVESTMENTS LLC

Agency

City of Noblesville, IN

Contract Type

FINANCIAL_SERVICES

Document Date

November 4, 2025

Renewal Info

One-time Road Impact Fee Credit Agreement allocating credits across project phases; includes bonding to secure remaining work, particularly the bridge segment.

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