Board approves road-commitment with KEP Development LLC, requires $1,500 per unit contribution
Crown Point approved a development agreement with KEP Development LLC that requires an additional $1,500 per unit (beyond other fees) to fund state-road improvements at the 9-mile corridor intersections; the agreement coordinates final design with the State of Indiana.
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The board voted to approve a road infrastructure development commitment with KEP Development LLC covering state-road improvements near the proposed development at the 9-mile corridor. The mayor explained the developer will provide $1,500 per residential unit in addition to standard system development and connection fees; those funds will be set aside to pay for design and construction items that must meet both city requirements and INDOT approval.
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