Friday, March 29, 2013

Herald-Argus Reports Hearing to Expand TIF District in LaPorte Scheduled for April 24

From the LaPorte Herald-Argus:

The La Porte Redevelopment Commission is having a confirmation hearing to expand the TIF district at the Thomas Rose Industrial Park.

During its Wednesday meeting, commissioners said they would be having the meeting on April 24 at 5:15 p.m.

Earlier in March, the La Porte City Council and Planning Commission both voted to approve a roughly 100-acre expansion of the TIF 2 district, which encompasses the Thomas Rose Industrial Park.

This action allows more tax revenue from the district to go into developing infrastructure and bringing utilities to the industrial park, which organizers say will introduce dual rail service and provide up to 1,000 new jobs.

http://www.heraldargus.com/articles/2013/03/28/news/local/doc5153914f205e9391624973.txt