A revision to The Yard culinary development agreement was delayed by the Town Hall Building Corporation to May 23rd, after board President Darrin Boyd voiced a number of concerns about the city’s agreement with Thompson Thrift.

Mr. Boyd peppered Fishers Economic Development Director Brandon Dickinson with a series of questions about the financial arrangements contained in the deal.  The issue before the corporation board was an adjustment to the agreement, lowering the initial projection of the city’s contribution to the project from $7 million down to $6.35 million.

At one point during the discussion, Mr. Boyd suggested that he make a telephone call to City Council member Rick Block, because Mr. Block is someone involved in commercial real estate development, but Mr. Boyd did not make that call during the meeting Thursday. Councilman Block recused himself from voting on the same measure before the Building Corporation. City council members approved the change in the city’s agreement with Thompson Thrift Monday night unanimously.  In the end, the Building Corporation Board decided to delay the vote.

“I’m not here to stop development,” said Boyd.  “I’m here to further understand and just get confidence behind what I’m doing, versus, in a period of an hour-and-a-half meeting, signing something worth $6.35 million going out the door and my name’s on it.”

Fellow board member Julie McKinney agreed with Mr. Boyd to delay the decision to a meeting Wednesday, May 23rd.  A third board seat is currently vacant.

In the same meeting, the corporation board approved an agreement to maintain the Switch Building parking garage, and okayed an agreement with a local tech company, Flexware, to install some experimental technology at the Switch garage in helping motorists find vacant parking spaces.

(EDITOR’S NOTE:  Previous versions of this story stated City Councilman Rich Block voted in favor of The Yard contract change Monday night.  That was incorrect.  Mr. Block recused himself.  LarryInFishers regrets the error)