MRC Approves Bond For Public Development Projects

The Muncie Redevelopment Commission has approved a $3.5 million tax increment financing bond issue to finance several public development projects in the works for the city. The Muncie Journal reports the money would be used to develop public portions for the Lofts development downtown, intersection improvements for Columbus and Walnut streets in front of Muncie Central High School and green space design design and engineering at the Markets on Madison project .