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Crown Point mayor explains how redevelopment funds are used, eyes RDC support for road work
Summary
Mayor Pete outlined how Crown Point's Redevelopment Commission (RDC) reinvests tax dollars into designated zones, described popular uses such as the downtown facade grant (up to $25,000), and said the city will seek roughly $500,000–$600,000 from RDC funds for road improvements this year.
Mayor Pete on Monday explained the role and legal limits of Crown Point’s Redevelopment Commission, which he said is defined by state statute and focused on improving specified areas by reinvesting taxes collected from those zones.
"It's defined by state statute," Mayor Pete said, describing the RDC’s primary purposes as addressing urban blight, spurring economic development and increasing the local tax base through targeted infrastructure and…
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