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LaPorte County extends rail agreement, receives initial repayment toward $525,000 rail investment
Summary
The LaPorte County Redevelopment Commission approved an amendment to a Build‑Operate‑Transfer agreement to align operating periods with a switching agreement, and heard that JBC Rail made an initial repayment of about $51,000 toward the county's $525,000 rail extension investment.
Adam Koronka, president of the LaPorte County Redevelopment Commission, opened the meeting Dec. 10 as commissioners considered a proposed amendment to an existing Build‑Operate‑Transfer (BOT) agreement tied to Kingsbury Industrial Park rail operations.
Attorney Guy DiMartino told the commission the amendment revises the BOT’s definition of the operating period so it aligns with the separate rail switching agreement, an alignment the county and JBC…
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