Local News

August 28, 2013

Combined TIF districts proposed

Members say consolidation would provide more flexibility

The Logansport Redevelopment Commission has proposed combining most of the city’s tax increment financing districts into one large district to allow for more flexibility when using funds to attract development to the city, members said.

Logansport currently has four tax increment financing, or TIF, districts. They are located in the Cass County-Logansport Industrial Park, downtown, on the city’s east side and spanning an area between U.S. 35, Burlington Avenue and Main Street. Portions of taxes from these areas are used as incentives to attract new development and redevelopment projects.

In July, the city’s four districts collected a total of almost $2,000, according to a report submitted by Logansport Redevelopment Commission president Bob Bishop at a commission meeting Monday.

The city’s redevelopment commission has proposed an expansion that would link all of the districts. Bishop said by combining the districts into one, TIF funds that were once only applicable to their respective districts could be used as incentives for new development throughout the city.

“If we combine, we don’t have to borrow,” Bishop said. “This gives us the flexibility. ... I hate to borrow money if we already have it.”

To do this, the commission has proposed extending the boundaries of the industrial park TIF district northward, which was recently made possible by the city’s recent annexation of territories south of the city. The proposed expansion then extends to the city’s downtown TIF district before spanning east to the east end district.

The north part of the downtown district would not be included in the proposed consolidation because it is considered an economic redevelopment district, meaning its TIF funds are used to attract redevelopment projects. The south part of the downtown district along with the three others the commission would like to consolidate are economic development districts, meaning their TIF funds are used to attract new development.

Text Only | Photo Reprints
Local News
  • Boy severely injured in crash out of ICU A boy involved in an all-terrain vehicle crash April 6 has left the intensive care unit and undergone what doctors and his family hope to be his final brain surgery. Kohle Wildrick, 12, a Galveston Elementary sixth-grade student, remains hospitalized

    April 24, 2014

  • Police blotter: April 25, 2014 Have a tip? Anyone with information on a crime is encouraged to call Crime Stoppers at 800-222-TIPS. Information leading to an arrest or conviction could lead to a reward of up to $1,000.

    April 24, 2014

  • NWS-PT042414 Princess Singing-MAK Fairy tale remix: Lewis Cass presents "Once Upon a Mattress" WALTON -- Barbra Burch played Queen Aggravain in Lewis Cass High School's 1985 production of "Once Upon a Mattress." Twenty-nine years later, she is directing the musical at the school. "It's kind of surreal," she said. "There are some things that ta

    April 24, 2014 2 Photos

  • Indiana Packers opening Frankfort plant FRANKFORT -- Delphi-based Indiana Packers bought a former Birchwood Foods meat plant in Frankfort and plans to reopen it this summer. Indiana Packers, which employs 2,000 full time at its Delphi plant, is investing $2.28 million to purchase, renovate

    April 24, 2014

  • Minding the nutrition gap Almost one in five children in Cass County who sometimes don't have access to enough food for a healthy life aren't eligible for federal assistance programs designed to address that lack, a new study indicates. Feeding America's Map the Meal Gap proj

    April 24, 2014

  • Police blotter: April 23, 2014 Have a tip? Anyone with information on a crime is encouraged to call Crime Stoppers at 800-222-TIPS. Information leading to an arrest or conviction could lead to a reward of up to $1,000.

    April 23, 2014

  • Mall mortgage up for auction The mortgage note for the Logansport Mall is scheduled to be sold at auction early next month. Foreclosure procedures for the mall began when lawyers for Algonquin State Bank, N.A., out of Algonquin, Ill., filed a complaint against the mall's owner -

    April 23, 2014

  • NWS-PT042314 Earth Day4.jpg Being kind to their mother: Lewis Cass students plant trees on Earth Day WALTON -- Weeks of planning came together Tuesday as students planted 22 trees on the grounds of Lewis Cass Jr.-Sr. High School in observance of Earth Day. Amy Densborn, a science teacher at Lewis Cass, wanted to plant the trees so that students in s

    April 23, 2014 5 Photos

  • NWS-PT042314 Bags.jpg Students collect 2,475 pounds of plastic bags The Cass County Solid Waste Management District now knows to be careful what you ask for. The district opted to again this year host its plastic shopping bag contest for area elementary schools in observance of Earth Day. Overall, the district recei

    April 23, 2014 1 Photo

  • Inmate sues for religious services at Miami County prison BUNKER HILL – A Native American inmate is suing the Miami Correctional Facility for violating his constitutional religious freedom after the prison last year terminated Native American worship services. Daniel Littlepage says in a class action lawsui

    April 22, 2014

Featured Ads
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
AP Video

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.

Should mushroom hunters be allowed to forage off-trail in Indiana state parks?

     View Results