Board meetings, strategic plans, and buyer signals from Philip Michael Foust’s organization
Sep 28, 2026·BoardMeeting
Board
Speedway Town Council Meeting
The Council approved the 2027 budgets for the Civil Town, School Town, Public Library, and Public Transportation. Professional services amendments were authorized for the combined sewer overflow tank project at the wastewater treatment plant. Furthermore, the Council approved a professional services proposal from Wesler Engineering to evaluate a potential connection to the Ben Davis Conservancy District sewer system, contingent upon the execution of a reimbursement agreement. The Council also approved a construction payment request for the 25th Street reconstruction project and addressed various claims and utility adjustments.
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The commission discussed updating economic development plans and TIF allocation areas, including the resolution of parcel discrepancies. Approval was granted for a deed transfer related to property on West 16th Street. The commission entered into agreements with Heartland Environmental and Will Cox Environmental for consulting services. Additionally, funds were committed for the 16th Street Corridor infrastructure improvements, and pre-approval was provided for expenses related to a building purchase by the Speedway Community Development Corporation.
Sep 15, 2026·BoardMeeting
Board
Speedway Community Development Corporation Minutes
The board discussed ongoing community initiatives, including the centennial tree project and the Rooted in Speedway tree planting plan, as well as preparations for future community events. Financial topics included updates on the Financial Academy and a review of grant funding received for Speedway Home Helpers. The board formally approved a scholarship fund proposal in partnership with Dallara and authorized grant and purchase agreements for property at 5252 Crawfordsville Road. Additional administrative items included discussions on time capsule displays and brainstorming topics for future agenda items such as grant opportunities, infrastructure repairs, and community homebuyer assistance.
Sep 14, 2026·BoardMeeting
Board
Speedway Redevelopment Commission Special Session
The Commission discussed and approved Resolution 2026-16, which authorizes a grant agreement with the Speedway Community Development Corporation to support potential future real estate acquisitions. Additionally, the Commission approved local co-funding for Main Street infrastructure improvements through the CCMG program, incorporating pedestrian crossing replacements at a local roundabout to optimize mobilization costs and project efficiency.
Extracted from official board minutes, strategic plans, and video transcripts.
