Economic Development Project Districts (Indiana)

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Last modified on February 12, 2015.

EZFeed Policy

Place Indiana


   
Applies to States or Provinces Indiana
Name Economic Development Project Districts (Indiana)
Policy Category Other Policy
Policy Type Enterprise Zone
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wave Energy, Wind energy
Active Policy Yes

Implementing Sector State/Province



























Program Administrator Redevelopment Commissions, Redevelopment Association of Indiana
Primary Website http://www.in.gov/legislative/ic/code/title36/ar7/ch26.html
Applicable Jurisdiction Designated economic development project districts


Last Review 2014-09-15



Summary

Redevelopment commissions may petition legislative bodies to designate economic development project districts in cities with populations between 80,500 and 500,000. Such districts may be established if it is found that the completion of the redevelopment and economic development of the district will attract new business enterprises to the district or retain or expand existing business enterprises in the district, benefit the public health and welfare and be of public utility and benefit, protect and increase state and local tax bases or revenues, and result in a substantial increase in temporary and permanent employment opportunities and private sector investment within the district. Once established, improvement projects in these districts may be eligible for bond financing, remitted funds, and tax incentives.



Policy Contact

Contact Name Rhonda Cook
Department Indiana Association of Cities and Towns
Division Indiana Redevelopment Association of Indiana
Address 200 South Meridian Street
Address 2 Suite 340
Place Indianapolis, Indiana
Zip/Postal Code 46225
Phone (317) 237-6200 x225


Email rcook@citiesandtowns.org

     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: Ind. Code 36-7-26

Date Enacted 1990


















References