Marion Common Council Minutes 2026-05-19
City Approves Bond Financing for BW Development Project
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Description
Marion City Council authorized bonds to support a multi-family construction project with BW Development, whose private investment totals $17.5 million. The project will be financed through both public and private mechanisms including city-issued economic development bonds.
Contract Details
Contract Amount
$17,500,000 (private investment); bond amount not specified
Vendor
BW DEVELOPMENT
Agency
Town of Marion, IN
Contract Type
CONSTRUCTION
Document Date
May 19, 2026
Renewal Info
Project agreement previously approved. Bonds relate to this project and public financing action.
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