Harrison Square Bond Financing to be Considered by City Council

An ordinance outlining the bond financing for the Harrison Square development will be introduced at the July 10 meeting of the Fort Wayne City Council.

City Council is being asked to approve a lease for certain land and public improvements between the Fort Wayne Redevelopment Authority and the Fort Wayne Redevelopment Commission. Those improvements include a new ballpark, parking garage, enhancements related to a new hotel, and related public improvements.

The lease provisions outlined in the ordinance are the same as those that have gained approvals from the Fort Wayne Redevelopment Commission on June 18 and the Fort Wayne Redevelopment Authority on July 3.

The bond financing is scheduled to be discussed by City Council at its July 17 meeting. Possible final approval could come at the July 24 City Council meeting.