Fishers City Council moves forward with economic development projects

LarryInFishers.com

The Fishers City Council moved forward with a number of economic development plans Monday night. Incentives for the downtown First Internet Bank headquarters, a parking garage, boutique hotel and other projects received approval from council members.

Browning Investments’ agreement with the city to develop downtown was also approved by the council.

The council extended the deadline to begin work on the Flexware project near the downtown Amphitheater due to unexpected delays dealing with utility lines.

Council members also gave their stamp of approval on a tax abatement for DMC Insurance to renovate and occupy a currently vacant office building at 10500 Crosspoint Blvd. The five-year abatement applies to property taxes related to the improvements, not the underlying structure.