Mishawaka Common Council Meeting Minutes March 2, 2026
City Approves Public-Private Partnership with Gurley Leep for Auto Mall Infrastructure
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Description
The Mishawaka Common Council approved a public-private partnership with Gurley Leep, under which the company will finance over $19 million in infrastructure and road improvements for the Auto Mall Economic Development Area. The city will reimburse the costs through tax increment financing bonds, with Gurley Leep carrying repayment risk.
Contract Details
Contract Amount
$8 million (initial improvements), $11 million (additional public improvements)
Vendor
GURLEY LEEP
Agency
Housing Authority of the city of Mishawaka, IN
Contract Type
CONSTRUCTION
Document Date
March 2, 2026
Renewal Info
The repayment is structured so that Gurley Leep takes financial risk and is paid back through tax increment revenue; if tax generation is insufficient, the city is not at risk.
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APPROVEDIssuing Agency
Housing Authority of the city of Mishawaka
Local Housing Authority
Mishawaka, IN
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