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Carmel City Council - July 20, 2026
Published: Jul 20, 2026
Stormwater Fee Ordinance Rejected Due to Procedural Errors; New Process to Begin
The council discussed Ordinance 2836-26 concerning stormwater fees. Corporation Council Sergey Grichukinov explained that the ordinance is premature as it did not follow the required statutory process, which mandates that the Board of Public Works (BPW) must conduct a public hearing and then recommend fee changes to the Council. Indiana Code 8-1.5-5-7B and city ordinances 2610 and 2611 outline this process. The administration is working on a new ordinance that will initiate the process correctly through the Stormwater Board. While the ordinance was returned with a negative recommendation from the Finance Committee, the underlying issues and the need for ordinance amendment were acknowledged. There was discussion about the potential to address COLA adjustments separately, but the consensus was to restart the process correctly.
Carmel Achieves $12.4 Million in Savings Through Successful Bond Refinancing
CFO Zach Jackson presented a recap of the bond refunding, which achieved $12.4 million in net present value savings, exceeding the projected $12.3 million. Strong demand for the bonds was evident with 186 orders for over four times the amount offered. The refunding is expected to lower operating costs for 2027 and 2028 by $4 to $5 million each. He also confirmed that debt interest reserve accounts were used to pay down debts, resulting in a decline in the principal balance. The council expressed strong support for the savings and responsible financial management.
City Hall Public Areas Ordinance Discussions Continue; Next Meeting Scheduled for July 23rd
The council discussed Ordinance D-2795-25 regarding the use of public areas of City Hall. The Land Use committee had a productive discussion with public input and legal opinions on how to establish public areas more broadly. Discussions are ongoing, and a meeting date will be announced to the public. The committee's next meeting is scheduled for Thursday, July 23rd, at 5:30 p.m. in the Carmel Public Library, after which they will return to their usual Wednesday schedule.
City Council Approves Additional $651,000 Appropriation for Road Improvements and Revenue Shortfall
The council introduced Ordinance D-2837-26, proposing an additional appropriation of $651,000 from the Motor Vehicle Highway Fund. Of this, $50,000 is for speed humps on West Road, and $601,000 addresses a shortfall in projected wheel tax revenue. The ordinance was moved to suspend the rules and act on it this evening.
Council Sets August 20th Deadline for Chris Kindle Market Investigation Report
The council debated and voted on a motion to require the law firm investigating the Chris Kindle Market to submit its final report by August 20th, or turn over all collected information to City Legal. The investigation, initiated by the council, has been ongoing for over a year and has expended its allocated funds. Council members expressed varied opinions on the timeline, management of the process, and the need for closure, with concerns raised about potential bias and rushing the investigation versus ensuring thoroughness. Ultimately, the motion passed, setting a deadline for the report or the handover of findings.
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