ANDERSON – The Anderson Redevelopment Commission has established three priorities through 2017 for the use of tax increment financing dollars.
The three strategic priorities adopted unanimously by the commission on Tuesday include the Nichol and Raible avenue corridor; cleanup and development of former industrial brownfield sites; and continued improvements in downtown Anderson.
Kevin Sulc, president of the Redevelopment Commission, said the priorities are not necessarily those of Mayor Thomas Broderick Jr. or the staff of the Anderson Economic Development Department.
Sulc said the commission didn’t want to preclude considering future projects outside the three strategic priority areas.
The commission will have to develop goals for each of the priorities, he said.
“The projects should create jobs for citizens of Anderson, increase taxes for the Anderson Community School Corporation, spur community collaboration, spur the real estate market in a manner which increases taxes, beautify the city for the existing community and incoming employees and their families, and provide needed infrastructure,” the document reads.
The Redevelopment Commission also wants to have $4 million to $5 million in noncommitted funds for unanticipated opportunities to further redevelopment in the target areas.
Carolyn Scott, ARC member, said the commission has to address the goals in the near future.
Rebecca Crumes, a member of the Anderson City Council, asked what was considered the downtown area.
Sulc said the downtown area was not defined but included the traditional boundaries.
Greg Winkler, executive director of the Anderson Economic Development Department, said the downtown boundaries were from Brown-Delaware on the west, to 15th Street on the south, Fifth Street on the north and the White River to the east.
“We need to find viable solutions for the Nichol/Raible area,” he said.
Winkler said the city tried to get Ivy Tech Community College to construct its new building in Edgewood Plaza and offered up to $5 million in TIF (tax increment financing) funds.
Ivy Tech decided to locate on 60th Street.
Winkler said the city’s incentive offers vary depending on location within the TIF district.
“The mayor and the city council’s thoughts will come into play,” Sulc said as the ARC begins the process of establishing goals.
Mike Collette, ARC member, said the commission’s role is to finance opportunities through TIF funding.
Sulc said the hope is that establishing priorities will act as a catalyst to development in those areas.
“This sums up what we worked for,” Scott said of the strategic priorities. “I don’t see what more we could do.”