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Council approves New Carlisle TIF expansion and redevelopment bonds despite public objections over Amazon/AWS designation
Summary
The council approved Resolution 106-24 to expand the New Carlisle economic development area and Bill 107-24 to authorize up to $5 million in redevelopment district bonds; public speakers warned the AWS/Amazon designation and TIF designations could lock up long-term tax increments, and votes on both measures carried 7–2.
The Saint Joseph County Council on Oct. 8 approved an expansion of the New Carlisle economic development area and a separate redevelopment bond resolution after lengthy presentations and public comment.
Bill Shaliel, economic development director, told the council Resolution 106-24 would expand the New Carlisle economic development area by roughly 378 acres, add 34 parcels and allow creation of new allocation (TIF) areas to support utility, property-acquisition and trail projects in coordination with the town of New Carlisle. Shaliel said the expansion would also add Amazon Web Services sites as designated taxpayers so personal property taxes generated on those sites could be allocated into the TIF increment for projects in the…
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