Chesterton Tribune

 

 

Council eyes buying house to clear way to fix crooked Porter/Calumet intersection

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By KEVIN NEVERS

The house currently for sale at the southeast corner of East Porter Ave. and South Calumet Road is located in a tax increment financing district.

Which is good news, announced Member Jim Ton, R-1st, at Monday night’s council meeting.

That means the town could use TIF moneys to purchase the property, the first necessary step--the acquisition of right-of-way--in widening and aligning the intersection, and perhaps installing a traffic signal there.

“This is exactly what TIF funds were intended to be used for,” Ton said, “improving the quality of life and improving traffic flow.”

The council took no action on Monday--in fact, the Redevelopment Commission would need to do so, as it is the body which administers TIF moneys--but, under state law, before anything else happens two appraisals of the property in question would have to be obtained. And the commission could pay no more for it than the average of the two appraisals.

Loan to Las Mamacitas

Ton had one more announcement on Monday: that--subject to final legal review--the Chesterton Economic Development Company has made its first low-interest loan to a Downtown business, namely, Las Mamacitas, for the remodel of the space at 225 S. Calumet Road, formerly the home of Volstead and before that Popolano’s.

“So we’re up and running,” Ton said.

Loans are available at a 2-percent interest rate and must be re-paid within five years. For more information call the Clerk-Treasurer’s Office at 926-1641.

 

Posted 4/10/2019

 
 
 
 

 

 

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