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Redevelopment Authority, Commission, Common Council set parameters for downtown parking garage finances

Financial planning to pay for Shelbyville’s downtown garage, part of the city’s renovation project, are being set by the city.

 

The Shelbyville Redevelopment Authority and Redevelopment Commission held meetings before Monday’s Common Council meeting.  Mayor Tom DeBaun says parameters were set for paying for the structure and he expects positive structuring beyond those parameters.

 

 

Ron Kelsey with Genesis told GIANT fm News that demolition of the site for the parking garage is complete and with mild winter weather ahead of schedule.  He also noted that soil studies at the site have come back positive allowing for construction at the site of the new garage.

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