City of Fishers Awards Financial Services Contract to Patch Development (August 2026)

The Fishers City Council approved Resolution R081726D granting Patch Development a five-year, 75% real property tax abatement for its new 22,000-square-foot headquarters office building at 9786 Masters Road. The site was designated as an Economic Revitalization Area, with Patch committing to hiring and investment thresholds as part of the incentive package.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

5-year real property tax abatement at 75% of real property taxes

Renewal

Abatement runs for five years at 75% of real property taxes; no renewals or extensions are described in the resolution.

Document type

AgendaPacket

Source document

City of Fishers AgendaPacket City Council Meeting 2026-08-17

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Noblesville Redevelopment Commission Agenda Packet 2026-07-16

APPROVED

City of Noblesville, Indiana$1,000,000 forgivable loan (if conditions met) plus nine-year real property abatement and ten-year personal property abatementJul 16, 2026

Noblesville Redevelopment Authority Meeting Agenda March 2026

PENDING

City of Noblesville, IndianaMar 16, 2026

City of Franklin Economic Development Commission Minutes 2026-03-10

APPROVED

Town of Franklin, IndianaMar 10, 2026

board_of_public_works_and_safety_meeting_agenda_oc.pdf

approved

City of Noblesville, IndianaNAOct 21, 2025

board_of_public_works_and_safety_minutes_october_7.pdf

approved

Town of Noblesville, Indiana$1,500,000Oct 7, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Fishers?

Patch Development was awarded this financial services contract by City of Fishers, as recorded on August 17, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Fishers AgendaPacket City Council Meeting 2026-08-17 (AgendaPacket), dated August 17, 2026 from City of Fishers. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Patch Development hold?

Patch Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Fishers currently buying?

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