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Council introduces revenue bond ordinance for Ward Gateway District; adoption expected next month
Summary
Warrick County staff introduced Ordinance 202602 to authorize a taxable economic development revenue bond for the Ward Gateway District (about 300 acres; phase 1 ~100+ acres). Presenters said the bond is funded solely by Epworth TIF revenues and would not affect county property taxes or debt capacity; council approved the ordinance's introduction for a vote next month.
Warrick County Council accepted the first reading of Ordinance 202602, which would authorize taxable economic development revenue bonds to support infrastructure and pad-ready development in the Ward Gateway District (an Epworth TIF area).
Steve Raleigh, economic development director, said the project covers about…
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