Developer RG Properties has brought in new investors for the company’s work at Austin Landing.

The Dayton-Montgomery County Port Authority on Monday updated legal language governing bonds the port authority facilitated for Austin Landing, a mixed-used office and retail development near the new interchange of Interstate 75 and Austin Boulevard.

That updated language reflects two changes, Port Authority board members were told Monday: A slight change in the location of a parking garage planned at Austin Landing and ownership transfers, reflecting new investors in the project in Miami Twp. just north of Springboro.

“He’s spreading some risk out and he’s taking some cash out, ” said Brad Evers, the port authority’s legal counsel. Evers said later he was referring to Randy Gunlock, RG president.

The Dayton Daily News reported earlier this year that the EBS Austin Landing Fund was registered with the U.S. Securities and Exchange Commission to raise $64 million for Austin Landing and another development called Austin Landing South. Washington Twp. firm Eubel Brady & Suttman Asset Management outlined the fund and its aims in an August SEC filing. The offering would not last more than one year, the filing said.

In late 2010 the Port Authority issued $800,000 in bonds for the parking garage at Austin Landing, loaning the proceeds to Austin Landing Garage Ltd. and Austin Landing Garage II Inc.

Five Port Authority board members approved the language changes Monday. One member, Ed McGarry, a senior vice president with PNC Bank, abstained from the vote. PNC Bank purchased the 2010 bonds.

Messages seeking comment were left with representatives of RG Properties and Eubel Brady & Suttman.