All projects funded
this season by tax increment financing (TIF) moneys have been completed,
Chesterton Street Commissioner John Schnadenberg reported to the
Redevelopment Commission at its meeting Monday night.
Commission is responsible for the administration of TIF revenues.
The list of this
season’s completed projects:
-- Repave: Sand
Creek Drive North from Sandpiper Drive to Michael Drive (approximate cost
-- Repave: Aherns
Drive between Sand Creek Drive North and Roberts Road ($11,000).
-- Repave: Roberts
Road from Indian Boundary Road to Michael Drive ($58,821).
-- Repave: Old
Calumet Road from Ind. 49 to the town’s corporate boundaries ($58,920).
Dickinson Road from 1100N to the roundabout at Rail Road ($124,054).
replacement: west side of South Calumet Road, from Broadway to Datagraphics
replacement: east side of South Calumet Road, from Porter Ave. to Jefferson
cost for all projects: $318,795.
working on a project list for next year in a month or so,” Schnadenberg told
Fiber Optic Update
In other business,
Town Engineer Mark O’Dell reported that the town’s fiber optic contractor,
CSU Inc., is currently working on splicing the Porter leg of the town’s
fiber optic network. That leg goes under the three railroad lines to connect
Yost Elementary School to the network.
O’Dell said that
the splicing should be finished this week, with testing scheduled for next
Senior Vice President Tom Carroll reported that NITCO--the fiber optic
network’s operator--now has 91 unique customers under contract. Of those, 74
have had their fiber optic service installed, while the remaining 17 are
scheduled to have it installed.
Carroll also made
another pitch for residential fiber optic service along Catkin Circle in the
Tamarack subdivision. Forty-two customers are eligible for the service, but
half of them--21--must sign up for it to make the project viable. As of now,
12 have signed up, and nine more are needed.
“After that, we can
start the project,” Carroll said.