Vanderburgh County Agenda City Council Meeting 2026-06-08
City Pursues Bond Financing for Karges Lofts Project
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Description
The council introduced an ordinance authorizing taxable economic development tax increment revenue bonds for the Karges Lofts Project, with loan proceeds to be provided to AP Development LLC or an affiliate. Final action is pending.
Contract Details
Vendor
AP DEVELOPMENT LLC
Agency
Vanderburgh County, IN
Contract Type
FINANCIAL_SERVICES
Document Date
June 8, 2026
Contract Term
Series 2026 Bond Term (not specified)
Renewal Info
Term and possible amendments depend on bond closing and project completion timeline; subject to future actions.
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