HomeMy WebLinkAbout05 94-R-26RESOLUTION NO. 94-R-Z
A RESOLUTION TO PROCEED WITH DEVELOPMENT
• OF THE JEFFERSONVILLE INNER CITY ROAD
WHEREAS, .that there is a major traffic circulation deficiency between the eastern and northern parts
of the City of Jeffersonville; and ~ ..
WHEREAS, the government leaders of the City of Jeffersonville and the State of Indiana have
considered the need for an inner city roadway in the City of Jeffersonville since 1969; and
WHEREAS, a proposed inner city road has been strongly recommended for nearly twenty-five (25) years
by various governmental and planning agencies, including the Common Council of the City of Jeffersonville,
the Jeffersonville Plan Commission, the Jeffersonville Redevelopment Commission, the Indiana Department of
Transportation and the local planning and development authority (KIPDA}; and
WHEREAS, the original inner city road route established by previous studies is still free from any
dwellings which would have to be acquired or condemned at this time but any delays in the advancement of
the inner city road project will result in further development along the corridor route, maki:~:~ future acquisition
of the right of way for the road financially unfeasible; and
- WHEREAS, that federal aid highway funds are not realistically available to offset the City's cost of
constructing the inner city roadway but a study indicates that creating a tax increment financing (TIF) distract
in non-residential areas along the roadway corridor is a feasible way to provide funding to build the inner city
roadway without the need to increase real estate property taxes; and
• WHEREAS fin
ancmg the inner city road by using a TIF district would require annexation of certain
areas in and around the inner city road corridor; and
WHEREAS, to enhance development of business and industry in the TIF area a sanitary sewer
interceptor pipeline must be installed along State Road 62 to east of Allison Lane, and the const~-;ictior~ of said
pipeline should be incorporated in the development of the inner city roadway; and
WHEREAS, the Jeffersonville Redevelopment Commission should participate ir, the annexation.
procedure, creation of a TIF district and the design and development of the inner city road.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Jeffersonville t'~at the
City of Jeffersonville and the City of Jeffersonville Department of Redevelopment take all actions necessary to
proceed with the design, development, financing and construction of the inner city roadway project, including
the design, development, financing and construction of a sanitary sewer line extension along State n oad 62 up
to an area to the east of Allison lane.
Passed and adopted by the Common Council of the City of Jeffersonville, Clark County, State of Indiana,
on this ~ day of 1994.
STEVEN R. STEMLER '~
PRESIDENT, COMMON COUNCIL
~TTEST:
! (~..~ v
C. RICHARD SPENCE , JR.
CLERK-TREASURER