The Chesterton Advisory Plan Commission on Thursday advanced creation of a
new economic development area, commonly known as a TIF district, for
approximately 142 acres south of the Indiana Toll Road.
Voting 6-0 with
member Jeff Trout absent, the Plan Commission adopted twin motions approving
two resolutions enacted by the town's Redevelopment Commission, which will
conduct a future public hearing on the proposal.
involved includes the previously annexed Rossman and Pope parcels on either
side of Indiana 49; retail, commercial and residential uses have been
proposed. Commission member George Stone said developers have tended to shy
away from the area because municipal sewer and water haven't been extended
economic development designation is finalized, property taxes paid on future
improvements in the zone will be available to the town to help extend
infrastructure as an inducement to developers, Stone added.
Responding to a
question by member Fred Owens, commission attorney Charles Parkinson said
the town also could spend money in the development area on road
improvements, signalization, a new fire station or fiberoptic installation.
business, Stone and member Sig Niepokoj were re-elected as commission
appointments to the Plat Committee.
lasted less than 15 minutes, and no one from the public attended.