LaPorte County RDC approves joint undertaking agreement with LaPorte Redevelopment Commission for Microsoft-related development

The LaPorte County Redevelopment Commission voted unanimously April 22 to approve a joint undertaking agreement with the City of LaPorte Redevelopment Commission that transfers the county’s share of captured tax increment from a newly annexed development to the county redevelopment commission for statutorily authorized uses. Mark Parkman moved to approve the agreement; John Carr seconded, and the motion carried unanimously.

Matt Reardon of MCR Partners explained that the agreement relates to a Microsoft-related development on property recently annexed into the City of LaPorte and that all affected landowners had agreed to annexation. Under the pact the city redevelopment commission will allocate the county’s captured tax increment to the county redevelopment commission for purposes permitted by Indiana law, with both entities responsible for continued cooperation, reporting and oversight.

Attorney Guy DiMartino, county counsel, said the document had been revised several times to address concerns from both parties and recommended that two originals be signed so each commission retains a signed copy. He noted a minor correction is needed in the dispute-resolution section but said it does not affect the signature pages.

Commissioners and staff said the agreement supports development objectives that include connectivity to existing county projects, such as Kingsbury Industrial Park. Reardon said the agreement will be placed on the LaPorte Redevelopment Commission agenda for its April 29 meeting to allow the city commission to vote on the same terms.

The commission’s action was procedural and does not itself appropriate funds; future allocations of captured tax increment will be subject to the reporting and oversight provisions described in the agreement and to applicable Indiana statutory limits. The commission adjourned at 4:22 p.m.; the next meeting is scheduled for May 27, 2026.