Mishawaka Common Council Meeting Minutes March 2, 2026
Council OKs Gurley Leep Auto Mall Public Improvement Bonds
Trusted by teams at
Description
The Mishawaka Common Council approved the issuance of tax increment revenue bonds to fund approximately $19 million in public improvements supporting the Gurley Leep auto mall project. Gurley Leep will purchase the bonds, with repayment through tax increment from the development. The city is not financially at risk.
Contract Details
Contract Amount
$19,000,000 (approximate, $8 million Gurley Leep needs + $11 million public improvements)
Vendor
GURLEY LEEP
Agency
Housing Authority of the city of Mishawaka, IN
Contract Type
CONSTRUCTION
Document Date
March 2, 2026
Renewal Info
Bond structure specified as direct purchase by Gurley Leep; no mention of renewal. Repayment based on tax increment generated by Gurley Leep project.
More from GURLEY LEEP
Related Contracts
City of Mishawaka Common Council Meeting Agenda March 16 2026
APPROVEDMishawaka Common Council Meeting Minutes March 2, 2026
APPROVEDMishawaka Common Council Meeting Minutes March 2026
APPROVEDMishawaka Common Council Meeting Minutes March 2026
ONGOINGMishawaka Common Council Meeting Minutes February 2026
APPROVEDIssuing Agency
Housing Authority of the city of Mishawaka
Local Housing Authority
Mishawaka, IN
More from Housing Authority of the city of Mishawaka
Mishawaka Board of Public Works & Safety Minutes 2026-05-12
Mishawaka Board of Public Works & Safety Minutes 2026-05-12
Mishawaka Board of Public Works & Safety Minutes 2026-05-05
Mishawaka Board of Public Works & Safety Minutes 2026-05-05
Mishawaka Board of Public Works & Safety Minutes 2026-05-05
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.