By PAULENE POPARAD
The Porter Redevelopment Commission has set an April 22 public hearing on
adding five new areas to the town’s existing tax-increment financing or TIF
allocation areas in a move to capture more dedicated revenue for improvements
in those zones.
A proposed 117.59 acres would be newly designated, all in projected growth
areas. Affected property owners will receive public notices of the hearing.
Final approval is up to the Town Council.
Porter currently has 811.33 acres in TIF allocation areas that generated over
$2.1 million in dedicated property taxes 2003-2006. The TIF program gives the
town the ability to capture property taxes generated by new development in
designated areas; that revenue would be reserved for projects within, or that
benefit, the respective TIF districts.
The new TIF areas generally would be 3.08 acres at Saylor Basket on U.S. 20
at Beam Street; 3.925 acres on the right side of Beam and U.S. 20 including a
cabinet shop and former winery; 61.866 acres at the southeast corner of
Mineral Springs Road and U.S. 20 including the former Spa Restaurant property
south to Beam Street; 10.28 acres at the southeast corner of Wagner Road and
U.S. 20; and 38.44 acres on the south side of U.S. 20 from Waverly Road to
approximately the State Road 49 intersection.
Financial consultant Dan Botich of Cender & Company also recommended removing
seven current TIF parcels that have assessed valuations lower than when they
originally were given TIF status. In all 59 parcels have decreased AVs
totalling $1,810,682 of tax decrement, said Botich, but the seven parcels to
be pruned represent 85 percent of that amount.
Botich also told the commission with members Al Raffin and Trevin Fowler
absent that a list of proposed projects need to be developed for the TIF
allocation areas including stormwater projects, if any.
Earlier in the meeting Porter Public Works director Brenda Brueckheimer asked
on behalf of the town’s Stormwater Management Board that the Redevelopment
Commission help fund an estimated $80,000 drainage project serving Johnson
Street and Park Avenue near 23rd Street with an outfall into Peterson Ditch.
The project is apart from stormwater upgrades planned for the area’s Ennis
subdivision.
Brueckheimer said the Stormwater Board possibly could put $35,000 toward the
Johnson Street drainage work.
Sexton noted that area is not within a TIF zone so TIF money, the
commission’s only revenue, can’t by law be used there. Town attorney Patrick
Lyp said the commission could loan the Stormwater Board money but it would
have to be paid back. Brueckheimer said the board’s money is otherwise
earmarked this year.
Town engineer Warren Thiede said the Stormwater Board is recommending the
Town Council implement by ordinance stormwater fees for commercial property
based on their equivalent residential unit, a move that would generate about
$3,600 a month more for the board to use.
Lyp suggested the Stormwater Board determine if it has any eligible drainage
projects proposed in a TIF area that would free up its own funds for
improvements to be made in non-TIF areas. However, the TIF stormwater
projects first would have to be included in a required plan for those
districts.
The Redevelopment Commission voted 3-0 Tuesday to table the Johnson Street
request pending more information next month. Brueckheimer said they’d like to
start the drainage work this spring.
In other matters, Sexton updated the commission on his Monday request of the
Chesterton Town Council to allow Porter to build a 5-foot-wide sidewalk on
both the east and west sides of Jackson Boulevard to connect its planned
Porter Brickyard hike/bike trail at Lincoln Street to Chesterton’s Prairie
Duneland Trail south of Broadway. Chesterton officials will poll the Jackson
residents regarding the sidewalks.
Sexton said if Chesterton agrees, that could delay Porter’s trail by possibly
three months due to archeological/environmental surveys and right-of-way
issues. Commission member Micheal Genger asked if that would be so even if
Porter began its trail construction north of U.S. 20 at Howe Road. Sexton
said it may and project manager Matt Keiser is checking how to circumvent
that.
Regarding Porter’s planned Orchard Pedestrian Way hike/bike trail along
Waverly Road north of Woodlawn Avenue, Thiede said he hopes to bid in April a
walking bridge over the Little Calumet River as part of the project. Although
the bridge would be built this year, after the meeting Thiede confirmed the
trail itself likely won’t begin until 2009.
Posted 3/27/2008