Jamie Nieves will continue to serve as President of the Fishers Economic Development Commission following a commission vote Monday afternoon.  Maggie Sadler has been named a new member of the commission.  There is an opening for a third appointment to the commission that is currently vacant until the mayor makes the appointment.  Sadler will serve as commission secretary in 2024.

The commission approved an economic development project agreement, including a $16 million bond for construction planned in the Gray Eagle neighborhood.  JC Hart plans to develop 160 residential units in that area.  This economic development agreement includes a $12-$14 million upgrade to the golf course clubhouse.

Fishers Economic Development Director Megan Baumgartner told the commission the agreement calls for developer purchased bonds, “which is great for us.  We’re issuing the debt but (the city is not)carrying the liability of it.”

This went before City Council in March where it received a stamp of approval.  The Monday commission action marks the final city approval for the project.