FISHERS, Ind. (AP) — An Indianapolis suburb is looking to pay $15.7 million for land along Geist Reservoir where officials want to build a public park and beach.
A Hamilton County judge set the price that the city of Fishers must pay for the 69-acre site that is the last undeveloped parcel along the lake, which is largely surrounded by expensive homes. Fishers had offered $9.7 million, while Mayor Scott Fadness says the landowners sought $38 million.
Fadness tells The Indianapolis Star that the city will pay the amount set by the judge to establish what will be a valuable community amenity.
Some residents near the park site are worried about increased road and lake congestion.
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Fadness says the city will meet with residents once the land purchase is completed.
Information from: The Indianapolis Star, http://www.indystar.com