Creation of a new economic development area and TIF district…
Vermillion CountyIndiana- Detected
- Oct 6, 2026
- 27 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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THE 30-SECOND BRIEF
Creation of a new economic development area and TIF district surrounding Duke's new power plant to generate revenue for infrastructure and community projects.
The TIF district is expected to generate $370 million in new revenue over 25 years. Funds will be used for infrastructure (water, sewer, roads, drainage), public safety (sheriff's department, ambulance, fire departments), and 15% to school corporations for education or work training programs. The resolution was approved with a correction to the year.
From the meeting
- Source
- Commissioner's Meeting - October 5, 2026
- Meeting date
- October 6, 2026
- Agency
- Vermillion County
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