Monday evening the Plymouth Common Council approved a resolution to amend the economic plan for the allocation area known as the U.S.30/Pine Road Economic Development Area commonly referred to as TIF #3.
The project is to provide the Plymouth Industrial Development Corporation (PIDCO) with financial support for industrial development within the city. The proposal is $30,000 for two years which wouldn’t begin until 2025. The request from PIDCO came after the construction of a new industrial facility valued at $2.5 million that Plymouth Molding Group (PMG) will lease.
PIDCO’s request started with the Plymouth Redevelopment Commission and was reviewed earlier this month by the Plymouth Plan Commission. They determined that the project was in line with the goals of the current Comprehensive Plan.
The City Council is to review the Plan Commission’s order and then confirm that they agree and approve the resolution. From that point, the request will go back to the Redevelopment Commission for a Public Hearing before being considered for support using TIF funds.
City Councilman Jeff Houin asked if PIDCO had any specific projects in mind for the funds that they could disclose at this time.
City Attorney Sean Surrisi said, “The request is an incentive for the PMG building they just completed. PIDCO member Don Wendel told the Plan Commission this month they have some prospects for land on the east side of Pioneer Drive as well.” He said that might be something that hasn’t been disclosed yet but may be coming soon.
The motion was made to pass the resolution and all members attending the meeting voted in favor and the resolution was approved.
New PIO officer announced for Indiana State Police Evansville District
Valentine seeks change of venue for murder trial
Indiana Gov. Braun declares state of disaster emergency for 63 Indiana counties
Newton power plant to be closed
Lawrence County Board approves public safety tax referendum
Library district in solid financial shape
U.S. 41 road project continues in Knox County
Richland County death investigation
Vantlin named Heeps of Jeeps First Responder of the Year
Vincennes University to upgrade Beckes Park
Lawrenceville sewage plant visited by U.S. EPA
Two dead after head-on collision in Crawford County
First-ever statewide digital library resource program available in Illinois
Knox County approving preliminary solar project resolution
St Francisville to contract out bridge repair work
U.S. Postal Service will be closed in observance of Juneteenth, June 19
Feutz sworn in as new Bridgeport Police Chief
