Braden Business Systems is building a new structure just east of City Hall, which is starting to take shape, and the City Council Monday night approved additional parking spaces for the company. City officials say Braden has increased its investment in the new office building, leading to a recommendation to add parking and an enhancement in the economic development incentives, adding one year to the tax abatement.
In another economic development item, the council approved incentives for Knowledge Services, which plans to construct a 70,000 square foot, $6.7 million headquarters facility across from Navient near I-69. Council members put their stamp of approval on the 10-year real property tax abatement in the amount of 85% of taxes assessed on the building. The company estimates 800 new employees will call the new HQ building home, including some additional hires.
In other news items from the council session:
–Another Broken Egg, a restaurant soon to locate in the downtown Switch Building, entered into a formal written commitment and use agreement with the City for a three-way alcohol beverage license, after the council signed on to the agreement.
–The council acted to amend the city’s noise ordinance. Before the change, the Nickel Plate District would no longer be able to hold concerts and be in compliance with the local law. Anyone wanting to have a live entertainment event will be required to apply for a permit on a form provided on the City of Fishers website. City officials say this is an attempt to control the noise level of live entertainment events within the Nickel Plate District at a given day and time.
–In a work session before the main council session, Deputy Mayor Leah McGrath provided a one year update on the status of the city’s Comprehensive 2040 Plan. Council Member Brad DeReamer raised some issues in the Britton Falls neighborhood dealing with curbs, sidewalks and compliance with provisions of the Americans with Disabilities Act (ADA).