By LARRY LANNAN
Plans are moving forward for the development of Geist Waterfront Park, as the Fishers Board of Public Works and Safety awarded a build, operate and transfer (BOT) agreement with local contractor Meyer Najem during its Tuesday meeting.
The city says it issued a request for proposals in early March. After negotiations with the firm, Meyer Najem was selected to not only enter into the BOT agreement, but also enter into a contract substantially similar to the Public-Private Agreement for the construction, operation, and transfer Of Phase 1 of Geist Waterfront Park, primarily consisting of earthwork.
A public hearing was held, as required by law, but no one chose to speak.
The BOT contract is set at $3.1 million, financed through the bonds issued for the park.
Click here to view the entire BOT agreement.