Action: Adopting interlocal agreement on Ivy Tech Campus
What it means: The city has agreed to its portion of the deal to bring an Ivy Tech campus to Noblesville. The city will pay Noblesville Schools $3 million to help with the costs of selling Noblesville East Middle School and $3 million to Ivy Tech for renovations. The city will also deposit $500,000 into a contingency account.
What’s next: The agreement must be approved by the remaining parties: Noblesville Schools, Hamilton County and Ivy Tech.
Action: Establishing an economic revitalization area for Nexxt Spine
What it means: Nexxt Spine, a medical device manufacturing company, is relocating its headquarters from Fishers and its manufacturing business in Indianapolis to Noblesville. The new business will be located in Corporate Campus. It will bring 44 new jobs by 2018 with an average wage of $34 an hour.
What’s next: The council will consider the resolution on Feb. 12.
Action: Adoption of Chapel Pointe development plan
What it means: The property contains 24.55 acres and proposes a total of 491 living units with 202 garage spaces and 783 parking spaces. The development calls for 150 single-bedroom apartments, 264 two-bedroom apartments, 66 three-bedroom apartments and 11 three-bedroom townhouses. The units range between 728 to 1,300 square feet for apartments and 1,550 square feet for the townhouses.
What’s next: The project was introduced on Jan. 29 and will be in front of the council again on Feb. 12.