Argos Adopts Incentive Policy
The Argos Town Council unanimously approved the adoption of a new Incentive Policy which will direct the MCEDC in marketing and client response regarding the town's new development, the North Central Indiana Rail Park. The policy addresses the following:
- Land pricing
- Use of Economic Development Revenue Bonds
- Utility rates for the development
Bourbon Develops Comprehensive Plan
The Town of Bourbon is creating a framework for community growth by developing a Comprehensive Plan. Bourbon's plan is unique in that it is funded by the Indiana Office of Community and Rural Affairs (OCRA) and complies with state code in order to establish a guide for community development over the next 20 years. The Town has already taken its first step, which involved sending out RFQs to developers. The second was taken on January 18th, as the Town conducted interviews with DLZ Company, Jones Petrie Rafinski, and the Michiana Area Council of Government (MACOG) to assess their qualifications and select one to develop their Plan.
Bremen Moves Forward with Main Street Program
The Town of Bremen has had several successful preliminary meetings with OCRA to discuss implementing a Main Street Program in the town. Main Street is a national movement aimed at creating preservation-based commercial district revitalization. Its participants believe that a community is only as strong as its core, and by investing in downtowns, we invest in the community as a whole. Bremen officials believe this program will be a benefit to their community. Argos and Culver are currently also working to implement Main Street Programs.
Culver Infrastructure Projects Underway
The Town of Culver is looking forward to the completion of several infrastructure improvements this year. A new storm sewer is being installed on Lakeshore Drive, which will help decrease flooding to the area and improve drainage around commercial establishments, residences, and town properties. Just to the east, the town is also constructing a new water tower. At the other end of town, a new water plant is being built. Both projects are funded through the $400,000 OCRA grant the town received last year. These projects will be of great benefit to Culver residents and businesses through improved storm water collection and safe drinking water for years to come.
Plymouth Supports Business Expansion
The Plymouth City Council recently approved a personal property tax abatement for WestRock Company, which will provide relief to in the form of 50% tax liability for a seven year period. WestRock, which has operated in Plymouth since 2011, plans to invest approximately $5.2 million for new equipment at their Plymouth location, which will increase the company's efficiency and profits, retain over 100 workers, and strengthen the local economy. Thanks to the City of Plymouth for supporting local business expansion through this tax abatement.