An unexpected settlement check of $150,000 from a corporation, to the City of Fishers, will go toward the new Internet of Things Lab being put together near Launch Fishers.  The Lab will be managed by the staff at Launch.

Fishers Director of Economic Development Brandon Dickinson told LarryInFishers the nature of the settlement brought the $150,000 to the Redevelopment Commission , and the city staff recommended the money be put into equipment and other startup expenses for the Lab.  Commission members approved the transfer of the money to Launch Fishers at the Monday meeting.