Infrastructure News Summary
For July 2, 2008
NEW TIF DISTRICT NEAR I-69 MAY BOOST DEVELOPMENT
The Star Press
Keith Roysdon
7/1/08
MUNCIE -- Chances of development at the community's primary gateway to
Interstate 69 got a boost Monday with the approval of a new, larger tax district
that would funnel revenue to new streets and sewers. The Delaware County
Redevelopment Commission unanimously approved the creation of the I-69
Allocation Area, a tax increment financing (TIF) district that will help fund
improvements around the Ind. 332 exit on the interstate west of Muncie. Some
other local TIF districts have millions of dollars of revenue to help pay for
road, sidewalk and utility improvements. The money for those improvements comes
from property taxes on new development in the area. The resulting improvements
can prompt even more development, officials believe. http://www.thestarpress.com/apps/pbcs.dll/article?AID=/20080701/BUSINESS/807010327/1046
CONSTRUCTION CLOSES PART OF GREENWAY PASSAGE
Evansville Courier & Press
Gavin Lesnick
7/2/08
The Greenway Passage from south of the Lloyd Expressway to Franklin Street
will be closed for about the next month during construction in the area. Road
crews are beginning work there on the new Fulton Avenue-Lloyd Expressway
interchange. The other parts of the Greenway - the Riverfront Corridor to the
Mead Johnson Trailhead and the Middle Levee Corridor will remain open. http://www.courierpress.com/news/2008/jul/02/construction-close-part-greenway-passage/?partner=yahoo_headlines
CHALLENGER URGES DANIELS TO SUSPEND GAS TAX
Fort Wayne Journal Gazette
Niki Kelly
7/2/08
INDIANAPOLIS - With gasoline prices averaging $4.11 a gallon and the Fourth
of July just days away, Democratic gubernatorial hopeful Jill Long Thompson
urged Gov. Mitch Daniels on Tuesday to suspend the state sales tax on gas until
Labor Day. The move would save someone with a weekly $50 fill-up about $3.50 a
week, she estimated, or $28 over two months. But the cost to the state's general
fund in lost sales tax revenue would be much higher - $122 million for a 60-day
suspension. http://www.journalgazette.net/apps/pbcs.dll/article?AID=/20080702/NEWS07/807020360
IND. 58 TO CLOSE FOR ROAD WORK
CLOSURES TO START JULY 14
Times-Mail News
7/1/08
The Indiana Department of Transportation reports it will be closing Ind. 58
in Lawrence and Greene counties for resurfacing and pipe replacement. The
closing will be between Ind. 45 and Ind. 54. The $1.3 million contract was
awarded to Dave O'Mara Contractor of North Vernon. Contractor crews will install
two drainage pipe structures under Ind. 58, as well as correct four slides
throughout the project limits. Once those operations are complete, crews will
begin the milling and paving operations. During the milling and paving
operations, one lane will be maintained at all times. Delays are expected during
this time. The overall contract completion date is October. http://www.tmnews.com/stories/2008/07/01/news.nw-930807.tms