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~ Mayor John Hamilton of Bloomington, Indiana, signed an interlocal agreement between the City of Bloomington and Monroe County government on Wednesday to collaborate on the expansion of the Monroe County Convention Center. The agreement requires ratification from the Bloomington City Council, the Monroe County Council, and the Monroe County Commissioners before it can move forward.
Mayor Hamilton expressed his enthusiasm for the project, saying "I look forward to the remaining signatories endorsing this agreement, so the Capital Improvement Board (CIB) can move forward expeditiously to build a great product for our community. An expanded convention center will help downtown businesses thrive and welcome millions of vacationers, convention goers, business travelers, as well as our local patrons and organizations." He also thanked Beth Cate, Bloomington Corporation Counsel, and Greg Goodnight, former Mayor of Kokomo for their hard work in negotiating with county representatives over the past months to deliver an interlocal agreement that allows a transparent and streamlined process for the CIB to focus on designing and building a world-class product for downtown.
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Once ratified by all parties involved in the project including the County, City, CIB and Convention & Visitors Commission (CVC), it will be up to CIB to move forward with designing and building an expanded downtown convention center. Funding and oversight will be provided by the City Council while a city nonprofit building corporation will issue debt and own property on behalf of the city. Upon completion of construction project debt service is completed; ownership of facility will be transferred back to city then to CIB for ongoing management and operation.
Monroe County Ordinance 2023-24 passed July 5th 2023 by Board of County Commissioners established CIB under state law to oversee convention center expansion project granting authority for appointments to board.
The interlocal agreement outlines respective roles and responsibilities of parties involved in project allowing a transparent process for CIB to focus on designing world-class product for downtown Bloomington.
Mayor Hamilton expressed his enthusiasm for the project, saying "I look forward to the remaining signatories endorsing this agreement, so the Capital Improvement Board (CIB) can move forward expeditiously to build a great product for our community. An expanded convention center will help downtown businesses thrive and welcome millions of vacationers, convention goers, business travelers, as well as our local patrons and organizations." He also thanked Beth Cate, Bloomington Corporation Counsel, and Greg Goodnight, former Mayor of Kokomo for their hard work in negotiating with county representatives over the past months to deliver an interlocal agreement that allows a transparent and streamlined process for the CIB to focus on designing and building a world-class product for downtown.
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Once ratified by all parties involved in the project including the County, City, CIB and Convention & Visitors Commission (CVC), it will be up to CIB to move forward with designing and building an expanded downtown convention center. Funding and oversight will be provided by the City Council while a city nonprofit building corporation will issue debt and own property on behalf of the city. Upon completion of construction project debt service is completed; ownership of facility will be transferred back to city then to CIB for ongoing management and operation.
Monroe County Ordinance 2023-24 passed July 5th 2023 by Board of County Commissioners established CIB under state law to oversee convention center expansion project granting authority for appointments to board.
The interlocal agreement outlines respective roles and responsibilities of parties involved in project allowing a transparent process for CIB to focus on designing world-class product for downtown Bloomington.
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