Local News

Questions raised about Jefferson Pointe project reimbursement

Photo Supplied - RED Development

FORT WAYNE, Ind. (WOWO): Are taxpayer dollars going to the Jefferson Pointe remodeling project?

Nancy Townsend of the Fort Wayne Redevelopment Commission says a $3.5-million reimbursement to RED Development for the construction of a road through the middle of the outdoor mall is indeed from tax income, but it’s not new money: it’s coming from an existing TIF district there.

“We’ve used funds in this TIF account to do many things,” Townsend says. “We’ve done trail projects, traffic improvement projects, and road projects.”

RED Development will spend a total of $17-million on the “Courtyard Makeover” project, which they hope will attract new tenants and shoppers by making it easier to park in front of several of the shopping center’s retailers.

Fort Wayne City Councilman Russ Jehl tells WOWO News some questions remain:

“Should taxpayer dollars be going to such retail projects?” Jehl asks. “This is certainly a new precedent and a large amount of money for what is essentially a private road.”

Related posts

Former White House doc: Pfizer COVID vaccine has new name, same ingredients

Darrin Wright

The City’s Southeast Side Will See A Lane Restriction Starting On Wednesday

David Scheie

2018 Summer Feeding Program kicks off Friday, free lunch for kids

Brooklyne Beatty

Leave a Comment