HomeMy WebLinkAbout03-20-2001 Gateway Redevelopment (TIF)Minutes of public hearing for
Gateway Redevelopment Project TIF
March 20, 2001
The Public Hearing was convened at 4:00 p.m. Ms. Kathy Haller began with an
explanation of the statutory requirements for a public hearing to receive comments and
concerns regarding the establishment of a tax increment finance district. She explained
that the first step was to delineate an area, and that the area had to qualify as a blighted
area.
Ten people attended the hearing. There were some questions regarding whether or not
the City plans on acquiring properties, principally, residential. It was explained that the
City does intend to acquire some properties, but those proposed acquisitions only involve
the Tenth & Spring Street intersection and the Quadrangle. It was further explained that
a larger area was delineated to connect the two areas (Gateway entrance and Quadrangle)
and to enable the City to formulate a comprehensive plan for redevelopment of the
neighborhoods between the two areas.
One attendee questioned whether or not taxes would be raised and it was explained that it
was possible that taxes could increase, however, it has been the experience through
several other TIF projects that the increased taxes resulting from the development in the
TIF districts actually brought down the tax rate. Ms. Haller went on to state that the
objective is to realize similar success with the proposed TIF project.
Most of the attendees were residents of Locust Street, and they were interested in having
their properties acquired.
A letter of support from the Jeffersonville Township Public Library was read into the
minutes (copy attached).
No other questions remaining, the public hearing was adjourned at 4:28 p.m.
Respectfully submitted:
~< ~~~~
Kathy Hal
CITY OF JEFFERSONVILLE -REDEVELOPMENT COMMISSION
GATEWAY REDEVELOPMENT PUBLIC HEARING
March 20, 2001 4:00 P.M. (local time)
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211 E. Court Avenue :• P.O. Box 1548 • Jeffersonville, IN 47131-1548 :• Office (812) 285-5632
March 15, 2001
Mr. David C. Duggins, Jr., Executive Director
Department of Redevelopment
City-County Building
501 E. Court Avenue
Jeffersonville, IN 47130
Dear Mr. Duggins:
Congratulations on the work your department has done to get the Gateway Redevelopment
Project underway. Any improvements along the 10~' Street corridor will greatly enhance the
image of the City of Jeffersonville, while possibly creating a spark for economic growth in
conjunction with the Quartermaster Depot property.
Thank you for providing the Jeffersonville Township Public Library with legal notice of the public
hearing which will be held on the 20"' day of March in the Office of the Mayor of Jeffersonville. I
have informed my library board of this meeting and the intent of the Jeffersonville Department of
Redevelopment to seek a tax increment financing district designation for the Gateway
Redevelopment Project located in and near the area of the intersection of Spring and Tenth, and
including the area known as the Army Quartermaster Depot.
We realize that the City must establish tax increment financing districts in order to fund the high
costs of infrastructure improvements. While these districts may affect the tax assessments in the
near future, the long term outlook will mean a better Jeffersonville, which is the ultimate goal.
~.Ve are supportive of the Gateway Redevelopment Project and efforts necessary to fund and to
complete the project.
Sincerely,
G~ -
William F. Bolte
Library Director
Jeffersonville Township Public Library :• (812) 285-5630 • Fax (812) 282-1264 • jefferson.lib.in.us
Clarksville Branch Library • 1312 Eastern Boulevard • Clarksville, IN 47129
(812) 285-5640 • Fax (812) 285-5642