[{"_1":2,"_99":-5,"_100":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6272220,"mediaKeyId","3028006-9a820035d2c46d5d4225a50a3365d1d7","parentId",3028006,"title","Finance staff presents TIF management report and outstanding warrants; no council action required","audioSeconds",82,"startMs",645000,"endMs",727000,"viewUrl","/Search/View?dp=1&key=3028006-9a820035d2c46d5d4225a50a3365d1d7&start=645&end=727","thumbnailUrl","https://assets.pipeline.soar.com/3028006-9a820035d2c46d5d4225a50a3365d1d7/thumbnail_645000.jpg","articleUrl","/articles/6272220/Scottsburg-City/Scott-County/Indiana/Finance-staff-presents-TIF-management-report-and-outstanding-warrants-no-council-action-required","mediaUrl","https://secure.pipeline.soar.com/6272220-a7deb69107be32d8781c81c55a46eaab/orig.mp4?Expires=1770440236&Signature=ZVe2peLBo1fB0rtl2763mIVZrFs5-esIf6GIbIW4iQX5Ecw8kSycAie8VyGF8FsrrZZMfgBXP-5TXtwdbqpW4DAbAxTwZv6O~HQTZ9GpUZQAjI4EgOF1UolwjCO56JtBj2FsDnrMdKXW7sIlhsHOn3tY5muRZt~QhXSnX8Uuex4Hu4003WVp4W58c2F00HVwtCAV7ZsoYT3uQTXhdoIWhniXX8f0Z8WEOBSMmre2nj97auOYpuMY13OBtJliJyHDUgJr9-ual0J2c6zkm88wTPkhJXv3yqtD-nCx8j64W61qWJk9NLeFSb~cxHxP-nIDpsawUaVZaIjPyjzzQ2RQpg__&Key-Pair-Id=KUT5TJCACFTXG","author","City Council of Scottsburg IN","date","2025-04-17T00:23:08.363Z","article","City finance staff reported to the Scottsburg City Council on April 14 that the required TIF management report has been filed and that a set of outstanding warrants (checks not cashed for two years) were identified in city accounts.

Jan Harlan, a city finance staff member, said the TIF management report was uploaded and provided to the council and that the outstanding checks are the result of historically unclaimed disbursements. Harlan said the standard practice is to redeposit those funds to the issuing accounts and to reissue checks if payees later claim them.

“We just redeposit it back where, like sewer only had 3 outstanding, you know, sewer and water,” Harlan said, explaining the mechanics of handling small outstanding amounts and noting that state statute governs the process.

Harlan told the council there was no action required on either the TIF management report or the list of outstanding warrants; she offered to answer questions from council members. No further council action was taken on those items at the April 14 meeting.","mediaType","Video","parentTitle","4/14/2025 - City Council Meeting","oneSentenceSummary","City finance staff told the Scottsburg City Council that the Tax Increment Financing (TIF) management report was filed and that two-year outstanding checks (unclaimed warrants) were identified and will be redeposited; no council action was requested.","taxTitle","Scottsburg City, Scott County, Indiana","taxId",70796,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6272225,"Votes at a glance: council approves electric-rate ordinance, Wardell street closure and minutes",57,777000,834000,"/Search/View?dp=1&key=3028006-9a820035d2c46d5d4225a50a3365d1d7&start=777&end=834","https://assets.pipeline.soar.com/3028006-9a820035d2c46d5d4225a50a3365d1d7/thumbnail_777000.jpg","/articles/6272225/Scottsburg-City/Scott-County/Indiana/Votes-at-a-glance-council-approves-electric-rate-ordinance-Wardell-street-closure-and-minutes","https://secure.pipeline.soar.com/6272225-76928295c7e7276ee87c7798a259394c/orig.mp4?Expires=1770440236&Signature=ksjdzhMGYq1zaWrR6Eh1violPsPeisMgx37niSGOuNxcQj17995Y3SOuw5Hsn7cajUhdj03OKzbovIx5QBUywoxBUtP189gj~dnwSF2immSH2QiIsBfZkf0ju1EZ6VPRM6t4pQf8QxBu2H1QIVs1ZoX0yETH-ALq9xaUNGf6XiIliYfb~D7ZMSIiV~l3pn2W91n1iSvdVwgG8ggt~RzOrPRrHiWJIPBB2fLv8Y3OThR6Ed95dUOzBy7B7TdnQjesBk1X4J~BoQdTN3PAy1qJJPwqx0D0qHiojXxDc-9UCpeNKsSJoOU7E-UGYJhY4kSA83-abTTSh1~By~~zsBF2Ng__&Key-Pair-Id=KUT5TJCACFTXG","The Scottsburg City Council took several routine and legislative actions at its April 14 meeting.

Key votes at a glance:
- Minutes: Council approved the minutes of the March 24, 2025 meeting as presented (motion carried).
- Street closure (community health fair): Council approved a request to close Wardell Street between First Street and Maynard for a community health fair on May 10; motion passed unanimously. Richard Riley and event organizers asked to close the inside streets around the courthouse square to allow booths and pedestrian access; council members discussed limiting the closure to inside streets to reduce disruption to downtown businesses.
- Electric rates ordinance (Ordinance 2025-5): The council moved the ordinance through second reading, suspended the rules and passed it on third and final reading by unanimous vote. The ordinance amends electric rates (text included in packet); council recorded the vote as unanimous.
- Bond ordinance (Ordinance 2025-6): Council approved first reading of Ordinance 2025-6, authorizing the issuance of taxable economic development revenue bonds related to the Maple Run project (see separate story). First reading passed unanimously; second and final reading is scheduled for April 28.

Details and votes:
- Minutes approval: Motion to accept minutes as presented; motion seconded and carried by voice vote; no recorded nay or abstentions.
- Wardell closure: Motion to close Wardell Street between First Street and Maynard for approximately three hours on May 10; motion made and seconded; council approved by voice vote with no recorded opposition. Several council members asked staff to limit closures to areas inside the square to reduce impacts on nearby restaurants during lunch hours.
- Ordinance 2025-5 (electric rates): Council moved to suspend rules and pass the ordinance on third reading; motion carried unanimously by voice vote. No recorded roll-call dissent was made in the transcript.
- Ordinance 2025-6 (Maple Run bonds): Approved on first reading unanimously; further approvals and documents required before final adoption.

All actions recorded in the meeting transcript were unanimous voice votes; the council asked staff to provide draft documents and timelines for items requiring further approvals.","At its April 14 meeting the Scottsburg City Council approved minutes from March 24, authorized a street closure on Wardell Street for a May 10 community health fair, passed an ordinance changing electric rates (Ordinance 2025-5) and advanced a bond ordinance on first reading (Ordinance 2025-6).",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6272230,"Scottsburg council approves first reading of bonds to fund Maple Run infrastructure",767,948000,1715000,"/Search/View?dp=1&key=3028006-9a820035d2c46d5d4225a50a3365d1d7&start=948&end=1715","https://assets.pipeline.soar.com/3028006-9a820035d2c46d5d4225a50a3365d1d7/thumbnail_948000.jpg","/articles/6272230/Scottsburg-City/Scott-County/Indiana/Scottsburg-council-approves-first-reading-of-bonds-to-fund-Maple-Run-infrastructure","https://secure.pipeline.soar.com/6272230-a8575af21501c611f5819201ae3e67af/orig.mp4?Expires=1770440236&Signature=BvW86Qg3to2xjCwyyxRH3dvMFqvzYScb~wA-WglCRDpWL-CyZc5cHftxTrvBtamEJekcNw0dfa0mhIQJ-ANo0U5wg2nIbPnSyxX40L8DrSwCMgF~GoHpjdxnNdeiF6eFfA35piR0iKZc4jKba3HrnXxSuvPGGsprDDL7orQk~bOmwPLxPaW~yvugtLeDVjQucei~4Lvx41IjLYjamaQEh6C1M83e1xDaQ54-CF8hXcGSxNf6HRaTYAlr0i9xp543VktNZjGGNv84M5qXnac-THbjxQaBeCBfLoUhi~8Kqb8ISU-IiT4J9UEtF3uPGi-pFuZjyQdpVBKU9pwKpEU3gQ__&Key-Pair-Id=KUT5TJCACFTXG","The Scottsburg City Council voted on first reading April 14 to authorize the issuance of taxable economic development revenue bonds of up to $3,500,000 to finance public infrastructure for the Maple Run residential project.

The ordinance, described by bond counsel Matt Duncan as tied to an Indiana Finance Authority residential infrastructure program award, covers public improvements for an initial phase of about 75 housing units and sets a closing date of May 30 if subsequent approvals proceed.

The ordinance matters because it funds public infrastructure — new roadways, sidewalks, water and sewer mains, stormwater systems and street lighting — needed to support the first phase of the subdivision. Matt Duncan, an attorney with Frost Brown Todd who represented the city as bond counsel, told the council the bond ordinance establishes maximum financing parameters and accompanies a financing agreement and trust indenture required by the trustee and the Indiana Finance Authority.

“The bond funds will actually be used for financing certain public infrastructure improvements related to it, including new roadways, sidewalks, water mains, sewer mains, stormwater, street lights, and other infrastructure improvements,” Matt Duncan said during the April 14 meeting.

Duncan and the city’s financial adviser, Jason Selma of Baker Tilly, said the ordinance sets a maximum borrowing limit of $3,500,000 but that the Indiana Finance Authority award currently stands at $1,875,000 and that the final issued amount could be lower. Selma said the larger maximum preserves flexibility if additional funds become available.

Council members and city staff described protections the city will seek in closing documents. The financing is expected to be reimbursement-style (the developer pays infrastructure costs and then submits invoices for reimbursement), and the ordinance contemplates a taxpayer agreement and likely personal guarantees from the developer to cover any shortfall while the TIF (tax increment financing) revenues are ramping up. Bond counsel said the housing TIF is the pledged payment source; if TIF revenue falls short before houses are built and taxed, the developer would be required to cover the shortfall under the anticipated taxpayer agreement.

Bank of New York Mellon is named in the bond documents as the likely trustee, and Duncan said the trust indenture language in the ordinance is a standard protection for bond purchasers. The timeline Duncan outlined calls for the county Economic Development Commission to hold a public hearing April 24, a council second and final reading on April 28 and a bond closing on May 30, subject to final documents and approvals.

The council approved first reading unanimously and asked staff to circulate draft closing documents before the April 28 meeting so members could review updated drafts before final consideration.

Next steps: the redevelopment/EDC public hearing on April 24, city second and final reading on April 28, and a planned bond closing May 30 if approvals and documents are finalized.","The Scottsburg City Council approved on first reading an ordinance authorizing up to $3.5 million in taxable economic development revenue bonds to finance public infrastructure for the Maple Run residential development; the Indiana Finance Authority awarded $1,875,000 and the financing closing is scheduled for May 30.","actionData","errors"]

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Finance staff presents TIF management report and outstanding warrants; no council action required

Votes at a glance: council approves electric-rate ordinance, Wardell street closure and minutes

Scottsburg council approves first reading of bonds to fund Maple Run infrastructure