The Redevelopment Authority was formed through Ordinance No. D-1284-97 in April 1997, and amended by Ordinance Nos. D-2067-11 in November 2011, D-2198-14 in June 2015 and D-2277-16 January 2016.

A separate body created by state statute, the Redevelopment Authority acts as a mechanism to finance infrastructure projects approved by the Carmel City Council, including facilitating lease-rental bond structures with the Carmel Redevelopment Commission. The Redevelopment Authority only takes actions that carry out the ordinances and resolutions passed by the Carmel City Council.

The Redevelopment Authority is governed by a three-member board of directors, all of whom are appointed by the Mayor to a three-year term.

Pricing Summary for City of Carmel, Indiana Redevelopment Authority Lease Rental Revenue Multipurpose Bonds, Series 2012A and 2012B (Taxable)

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Members

Robert Bush, President
  Appointed by the Mayor to a 3-year term, ending 6/30/2025

Jay Brill
  Appointed by the Mayor to a 3-year term, ending 6/30/2025

Michael Corr
  Appointed by the Mayor to a 3-year term, ending 6/30/2025 

Authority Contact

Henry Mestetsky,  hmestetsky@carmel.in.gov | 317-571-2492

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Meeting Dates

The Authority meets as needed.