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Commissioners adopt Resolution 006 to create Clay Township/US‑50 economic development allocation (TIF)
Summary
Dearborn County adopted Resolution No. 006 on Dec. 2 creating the Clay Township US‑50 economic development allocation (TIF). Redevelopment officials said the TIF could yield roughly $72,000 per year from an incoming data center and $7.17 million in redevelopment receipts; one commissioner expressed concerns about the size of the economic development area before the resolution passed.
Dearborn County commissioners on Dec. 2 adopted Resolution No. 006, creating the 2025 Clay Township US‑50 economic development allocation area (a tax increment financing, or TIF) after redevelopment officials and counsel described projected revenues and planned uses.
Jim Deaton, identified as president of the redevelopment commission, and redevelopment counsel presented the plan and financial scenarios. They said establishing the allocation area would create a TIF that could generate approximately $72,000 per year for redevelopment purposes based on a projected new data center, and they estimated the redevelopment commission could receive about $7,172,732 over the allocation period if the TIF is established.
Speakers described potential projects tied to the TIF: marketing vacant parcels along the US‑50 corridor for commercial or manufacturing uses, possible assistance to clean up and address environmental issues at Lake Dildare and coordination with planned sewer improvements that would allow property redevelopment. Redevelopment counsel noted the allocation area includes multiple parcels and that state rules prevent splitting individual parcels within the allocation area.
Several commissioners expressed reservations about the size of the proposed economic development area and the tension between the county's future land use plan (which preserves farmland/open space) and growth plans; staff and counsel said zoning, landowner decisions and future rezoning processes would remain necessary before any development could proceed. After discussion, a motion to adopt Resolution No. 006 carried, with one commissioner recorded as abstaining during the vote and the board adopting the resolution.
Next steps: the redevelopment commission and county will prepare for required public meetings and follow the county's public hearing schedule; a public meeting was scheduled for Dec. 8 to continue engagement on the plan.
