OPENPUBLICA · PUBLIC MEETING RECORD
Record of Proceedings

Board of Public Works Meeting – May 27, 2026: Bond Issuances, Contracts, and Eagle Creek Study Approved

Other Meetings (A-H) — Wednesday, May 27, 2026
BodyIndianapolis, Indiana
SessionOther Meetings (A-H)
DateWednesday, May 27, 2026
StatusFILED
Video Record
0:00 / 52:50
Transcript — Verbatim
1:39

Good afternoon.

1:40

I like a call to May 27th Board of Public Works to order.

1:43

I'm Todd Wilson, the director and chair of the board.

1:45

I'd like to ask my uh board members to introduce themselves, please.

1:50

Seba Jawanza.

1:52

Bob Perrin.

1:53

Good afternoon, Susie Corti.

1:56

Leslie Schulte.

1:58

Thank you all.

1:58

I'd also like to introduce our board counsel behind me, Ben Moracle and our board secretary to Jennifer Dominguez and other DPW staff.

2:06

Our first item on the agenda today is the adoption of the May 27, 2026 agenda.

2:12

Do I have a motion to adopt the agenda?

2:15

So moved by Bob Perrin.

2:16

Do you have a second?

2:17

Sorry.

2:17

Second by Dan Hay.

2:19

All in favor, please signify by saying aye.

2:21

Aye.

2:22

Any opposed?

2:23

CNN motion carries.

2:25

Our next item on the agenda are approvals of minutes.

2:28

Do I have a motion to approve the May 13th meeting minutes?

2:32

So moved by Susie Cordy.

2:34

Is there a second?

2:35

Seconded by Aegis Redman.

2:37

All in favor, signify by saying aye.

2:39

Aye.

2:40

Any opposed?

2:41

CNN motion carries.

2:42

Thank you all.

2:43

The next item on our agenda are resolutions, and I'll ask Joe Glass to come up and present.

2:57

Thank you, Mr.

2:57

Chairman, members of the board.

2:58

My name is Joe Glass.

2:59

I'm the executive director and general counsel of the Indianapolis Bond Bank.

3:02

Um there are two resolutions before you today.

3:04

The first is a preliminary uh resolution um approving two uh preliminary determination approving two series of bonds.

3:12

Uh the first is a forty million dollar bond issuance.

3:15

Uh new money for projects in uh DPW's uh capital plan uh for uh streets and roads.

3:21

Um the preliminary determination also approves um up to 121 million dollars in uh refunding for existing uh Indy Roads debt.

3:28

Uh the second is a declaratory resolution uh approving the projects uh to be uh financed um by the bond issuance.

3:36

Um the 40 million dollar insurance has already been approved by council.

3:39

Uh the refunding uh will be introduced at uh the June meeting and uh happy to answer any questions of the of the board.

3:51

Uh Joe is the uh so refund the remainder of the hundred and twenty-one million in bonds.

3:58

Like how much would that be, or how does that work?

4:02

So um we are looking at doing a tender refunding of existing uh Indy Roads debt.

4:07

Um working with our financial advisor, we realize that um there's enough benefit to to go through that process.

4:12

So we would basically be issuing new debt uh to refund existing um debt of the metro third affair district.

4:19

So it's lower interest rate significantly.

4:21

Correct.

4:27

One other question.

4:28

So the debt service on the new debt.

4:31

Uh there will be no new taxes to support that.

4:34

Is that what I read?

4:35

That's correct.

4:37

Thank you.

4:39

Any other questions?

4:42

Do I have a motion to approve resolution number twelve twenty twenty-six?

4:46

We just took the one, right?

4:47

Joe, or we take them both together.

Discussion Breakdown — Share of Meeting
Engineering And Infrastructure█████████████████████████████████████████████62%
Water And Wastewater Management███████████████20%
Active Transportation██████8%
Procedural█████7%
Fiscal Sustainability██3%
Summary of Proceedings

Board of Public Works Meeting – May 27, 2026

The Board of Public Works met on May 27, 2026, to consider resolutions, bid awards, change orders, professional services agreements, amendments, and final acceptances. A key item was a split vote on a $108,000 study contract for Eagle Creek Reservoir. All other items passed unanimously.

Resolutions

  • Resolution No. 12, 2026: Preliminary Determination to Issue Bonds – approved. The resolution authorizes up to $40 million in new money bonds for DPW street and road capital projects and up to $121 million in refunding bonds for existing Indy Roads debt. The refunding is expected to achieve lower interest rates with no new taxes.
  • Resolution No. 13, 2026: Declaratory Resolution – approved, approving the projects to be financed by the bond issuance.
  • Resolution No. 14, 2026: Approval of Right-of-Way Purchase from the Metropolitan School District of Warren Township – approved. DPW will purchase 0.026 acres at 975 North Post Road for $5,200 (permanent) and a temporary easement for $500, as part of the 10th Street Drainage Improvement Project. The board noted that the supporting memo incorrectly referenced Speedway.

Bid Awards

  • Warehouse Supplies (RFB-14DPW-1766): Awarded to Black & Company, Central Poly-Bag Corp, RFS Group, LLC, and Supply Warehouse, Inc. for a two-year term agreement covering 88 line items. Estimated annual expenditure: $250,000.
  • Waterborne Fast-Dry Traffic Line Paint and Glass Beads (RFB-14DPW-1767): Awarded to Bart Richard Woodward Corp., Ennis-Flint, Inc., Allstates Coatings Co., and Swarco Industries, LLC for 12 line items. Estimated annual expenditure: $700,000. Board confirmed material compatibility across vendors.
  • Monument Circle: Market Street Brick Repair 2026 (BK-25-041): Awarded to OLCO, Inc. in the amount of $471,200 (5.6% below engineer's estimate of $499,950). Only one bid was received. Substantial completion by March 31, 2027; final completion by May 22, 2027.

Change Orders

  • Change Order No. 3: Ralston Campus Infrastructure Improvements (ST-25-522): Approved for $34,883.67 (new total $1,516,922.09) with Edward & Jones Concrete, Inc. for additional erosion control and concrete repairs.

Professional Services Agreements

  • Eagle Creek Reservoir Water Supply and Contract Analysis (LD-15-042): Approved on a 4–3 vote. The $108,000 agreement with Wittman Consulting, LLC will fund a study analyzing water supply and the Citizens Energy Group water use agreement. Discussion raised concerns about the contract being executed prior to board approval, potential conflicts of interest (consultant had prior work for the LEAP district), and timing relative to a contract extension vote expected next month. Consultant Jack Whitman stated he has not yet invoiced, with approximately $5,000–$6,000 in preliminary work. The study is expected to guide the city's decision on extending the current 50-year water contract, which expires July 1, 2026. The board also emphasized transparency and community engagement.
  • Site Planning: Approved for $150,000 with CSO Architects, Inc. for a three-year term to modernize DPW's 30+ structures across the county.

Professional Services Amendments

  • Amendment No. 6: On-Call Transportation Design Services (ENG-20-015): Approved for $480,420.62 with Hanson Professional Services, Inc. (new total $3,721,420.62). Extends contract to December 31, 2027, and funds design work for the 29th and 30th Street two-way conversion project. Funding is local (gas tax).
  • Amendment No. 1: Vehicle Alignment and Suspension Services – Two amendments approved, each for $950,000: one with Anderson Spring Service, Inc. and one with Palmer Trucks, Inc. Both extend agreements to May 6, 2027.
  • Amendment No. 3: Nickel Plate Trail (GT-06-001): Approved for $100,400 with Hannum Wagle & Cline Engineering (new total $1,399,917.87). Funds additional inspection work for trail connections, safety items (guardrail), and a Pacers Bike Share station near 42nd Street and the fairgrounds. The bridge over Keystone at 49th Street has a bid date of December 2026.

Final Acceptances

  • 2024 CCMG Rehabilitation (ST-24-114): Final acceptance approved for Rieth-Riley Construction Co., Inc. at a final contract amount of $1,847,955.21.

Key Outcomes

  • All agenda items were approved. The Eagle Creek Reservoir study passed 4–3, with three board members voting no due to concerns about the pre-executed contract, conflict of interest, and timing.
  • The meeting adjourned without further business.

Meeting Transcript

Good afternoon. I like a call to May 27th Board of Public Works to order. I'm Todd Wilson, the director and chair of the board. I'd like to ask my uh board members to introduce themselves, please. Seba Jawanza. Bob Perrin. Good afternoon, Susie Corti. Leslie Schulte. Thank you all. I'd also like to introduce our board counsel behind me, Ben Moracle and our board secretary to Jennifer Dominguez and other DPW staff. Our first item on the agenda today is the adoption of the May 27, 2026 agenda. Do I have a motion to adopt the agenda? So moved by Bob Perrin. Do you have a second? Sorry. Second by Dan Hay. All in favor, please signify by saying aye. Aye. Any opposed? CNN motion carries. Our next item on the agenda are approvals of minutes. Do I have a motion to approve the May 13th meeting minutes? So moved by Susie Cordy. Is there a second? Seconded by Aegis Redman. All in favor, signify by saying aye. Aye. Any opposed? CNN motion carries. Thank you all. The next item on our agenda are resolutions, and I'll ask Joe Glass to come up and present. Thank you, Mr. Chairman, members of the board. My name is Joe Glass. I'm the executive director and general counsel of the Indianapolis Bond Bank. Um there are two resolutions before you today. The first is a preliminary uh resolution um approving two uh preliminary determination approving two series of bonds. Uh the first is a forty million dollar bond issuance. Uh new money for projects in uh DPW's uh capital plan uh for uh streets and roads. Um the preliminary determination also approves um up to 121 million dollars in uh refunding for existing uh Indy Roads debt. Uh the second is a declaratory resolution uh approving the projects uh to be uh financed um by the bond issuance. Um the 40 million dollar insurance has already been approved by council. Uh the refunding uh will be introduced at uh the June meeting and uh happy to answer any questions of the of the board. Uh Joe is the uh so refund the remainder of the hundred and twenty-one million in bonds. Like how much would that be, or how does that work? So um we are looking at doing a tender refunding of existing uh Indy Roads debt. Um working with our financial advisor, we realize that um there's enough benefit to to go through that process. So we would basically be issuing new debt uh to refund existing um debt of the metro third affair district. So it's lower interest rate significantly. Correct.

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