The Fishers City Council voted 5-4 Monday night to table an economic development agreement between the city and Citimark.  I have covered Fishers government for over four and a half years, and this is the first time I recall a council delay in implementing an economic development deal.

Selina Stoller, Rich Block, David George, Cecilia Coble and Brad DeReamer voted for the delay.  Those voting against the delay were Eric Moeller, John Weingardt, Pete Peterson and Todd Zimmerman.

The proposal calls for Citimark to buy the former Schwab call center on Visionary Way and the new Launch Fishers building next door.

Some council members want to work on details of the proposed project.  No one expressed opposition to the deal itself, just a desire to work out some of the fine points.

Matt Carlstedt, Senior Vice President of Citimark, told LarryInFishers after the vote that he plans to move forward and work with council members on ironing out details.  But he added this will delay the start of the project.

Under the proposed agreement between the city administration and Citimark,  $32.7 million would be invested in the old Schwab facility.  This includes the purchase of the building, renovation and upgrading the facility.  It also includes buying the new Launch Fishers structure next door from the city.