The Herald Bulletin

Afternoon Update

Local Business

November 14, 2013

State agrees to fund reservoir study

State agrees to fund $600,000 for a feasibility study

ANDERSON -- The state has agreed to fund $600,000 for a critical phase of the Mounds Lake Reservoir project.

The funding, made possible through the Drinking Water State Revolving Fund Loan Program, will help to determine environmental and community impacts of the proposed project.

Since 2001, Madison County has received more than $9 million from the DWSRF program.

“The specifics are still being worked out,” said Christy Denault, communications director for the Office of Gov. Mike Pence.

In a press release, Pence said the Mounds Lake Reservoir would transform Madison and Delaware counties' economies and help to ensure an ample water supply for central Indiana.

“The Phase II evaluation will help us understand the possible impacts of this potential project, and I look forward to receiving the results of the study next spring,” he said.

Proponents of the effort to build a 2,100-acre reservoir announced late Wednesday afternoon that the funding had been secured for Phase II of the project’s feasibility study.

Rob Sparks, executive director for the Corporation for Economic Development of Anderson/Madison County, said the funding will be in the form of a grant. Phase II of the project will include a financial report, environmental review, engineering, community impact and community visioning.

“We are very pleased the state has chosen to support our community effort for this next phase,” Sparks said.

There are a total of four phases for the project, which is estimated to cost about $350 million to $400 million.

The proposed project would include building a 50-foot high dam on the White River east of East Lynn and 18th streets, flooding parts of Anderson, Chesterfield and Daleville.

On Oct. 30, a request for funding went before the Indiana Finance Authority. The board then passed a resolution for the Mounds Lake funding.

The DWSRF Loan Program provides financial assistance to enable the construction of necessary and “environmentally sound” drinking water infrastructures. The program’s funds originate from capitalization grants through the U.S. Environmental Protection Agency.

Text Only
Local Business
  • Comcast employees volunteer to help Habitat for Humanity On Saturday, from 8 a.m. to 12:30 p.m., Madison County Habitat for Humanity members will work with more than 30 Comcast employees, families and friends to beautify the grounds and participate in light interior remodeling.

    April 23, 2014

  • NWS - HB01006 - snow storm - JC 59a FEMA approves disaster aid for 19 counties

    After initially rejecting Indiana's request for federal aid following a brutal winter, the Federal Emergency Management Agency approved disaster relief on Tuesday.

    April 23, 2014 1 Photo

  • NWS - HB0420 - Ellks - JC 2a Rezoning approved for Elks Lodge building With no objections from surrounding property owners, the former Elks Lodge at 1803 Broadway has been rezoned for a planned banquet hall and catering service.

    April 22, 2014 1 Photo

  • life saver.jpg Man credited with saving life says he was doing his job

    When Richard Goff walked into Louis Moyer's home, he smelled gas.

    April 22, 2014 1 Photo

  • Housing complex to open for homeless veterans in Kokomo Jackson Street Commons is Kokomo’s new $3.6 million facility providing permanent housing to 27 previously homeless veterans.

    April 21, 2014

  • Charo Boyd mug [Duplicate] Charo Boyd: Social Security goes green on Earth Day and every day For years, Social Security has been at the forefront of offering convenient, easy-to-use, and secure online services. We, along with those we serve, have saved a lot of paper, shipping costs, and fuel — and cut back on a lot of carbon exhaust and pollution — by going online instead of doing things the old-fashioned, less efficient way.

    April 20, 2014 1 Photo

  • NWS - HB0420 - CATS Buses-09 City to replace CATS fleet With 7-year-old city buses registering 250,000 miles, Anderson is looking to replace its aging transportation fleet.

    April 20, 2014 1 Photo

  • NWS - HB0420 - Funderburk - 04 Man tries to restore father's tainted legacy at dental clinic

    When news broke earlier this month that the Anderson Dental Clinic had been shut down and several employees, including owner Sally Metzner, had been arrested, Mark Funderburk's main concern was the patients. "A lot of them kept going there because of my dad even after he passed away," he said. "And they didn't deserve this."

    April 19, 2014 1 Photo

  • BIZ - HB0420 - Scott wise -TM Gaining an edge and spreading the word in 2014 Scott owner of Scotty’s Brewhouse with locations in Indianapolis, Muncie, Mishawaka and Bloomington, encourages business owners to interact with customers and use powerful tools such as Twitter, Facebook or even with a blog to their advantage.

    April 19, 2014 1 Photo

  • BIZ - HB0420 - Amys Attic - TM Business Profile: Hidden treasures can be found here Amy's Attic Thrift Store, which opened April 1, offers a variety of different items including clothing, accessories, furniture, yard decorations and collectibles.

    April 19, 2014 1 Photo

Stocks
Hyperlocal Search
Premier Guide
Find a business

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