City of Evansville Common Council Meeting Memorandum 2026-06-08
Council Considers Bonds for Karges Lofts Project
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Description
The Evansville Common Council introduced Ordinance G-2026-12 to issue taxable economic development TIF revenue bonds, Series 2026, and lend the proceeds to AP Development LLC for the Karges Lofts Project. The measure received first reading approval with detailed discussion set for June 22, 2026.
Contract Details
Vendor
AP DEVELOPMENT LLC
Agency
City of Evansville, IN
Contract Type
FINANCIAL_SERVICES
Document Date
June 8, 2026
Contract Term
Series 2026 bonds (Karges Lofts Project)
Renewal Info
Single issuance of Series 2026 economic development tax increment revenue bonds; no renewal terms mentioned.
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