HomeMy Public PortalAbout17 - 2021-17 - COUNTY ECONOMIC DEVELOPMENT LOCAL INCOME TAX RESOLUTION 2021-17
A Resolution Establishing a Capital Improvement Plan for the County Economic
Development Local Income Tax
Whereas, the City of Greencastle will have available to it funds collected from the County
Economic Development Local Income Tax; and,
Whereas, IC 6-3.5-7, since repealed, required the adoption of a Capital Improvement Plan; and,
Whereas, IC 6-3.6-6-9.5, which replaced IC 6-3.5-7, continues the requirement of the adoption
of a Capital Improvement Plan; and,
Whereas, it is the desire of the City of Greencastle to continue to adopt a three year plan to insure
the wise and timely use of the funds; and,
Whereas, the previous plans need to be updated a new plan is required for 2022 through 2024,
NOW THEREFORE BE IT RESOLVED THAT THE CITY OF GREENCASTLE establishes an
Economic Development Local Income Tax Capital Improvement Plan as follows:
1. The following list of projects outlines the work to be accomplished in the next three years:
A. PROJECTS
1. EDIT Bond Repayment—Relocation of City Hall (Ends in 2022)
2. Quality of Life Services and Projects
a. Work to Address Homelessness
b. Animal Control
c. Support of Rural Transit
d. Unsafe Building Removal
e. People Pathways—Partnership with Putnam County
f. Work of the Sustainability Commission
3. Capital Investment Projects
a. PUBLIC WORKS —Sidewalks -Neighborhood Sidewalks - Renovation&
ADA Ramps
b. PUBLIC WORKS— Sidewalks—Neighborhood Sidewalks—New& ADA
Ramps
c. PUBLIC WORKS—Wayfinding Program—Signage System Additions and
Repairs
d. PUBLIC WORKS—Storm Water Improvements
e. PUBLIC WORKS—Community Crossings Match
f. PUBLIC WORKS—Garage Structure
g. PARKS—People Pathways—Improvements & Misc. Repairs
h. PARKS—Robe Ann Park—PCCS Maintenance Services
i. Building Permit Software Fees& Licenses
j. CITY COUNCIL—Neighborhood Projects
k. LAW—ADA Improvements to City Properties
1. CEMETERY—Bridge Repair Project
4. Economic and Community Development Projects
a. Support of Local Economic Development Efforts
(Development Center/Main Street/Chamber of Commerce)
b. Support of the City's Website, Communications and E-Mail
c. Support of the Farmers' Market
d. Support of Downtown Promotions and Events
e. Support of Downtown Revitalization Efforts—Plantings and Repairs
5. Economic and Community Development—Miscellaneous Projects
a. Audit Fees
b. Election Fees
c. Mowing of City Properties
d. Other Miscellaneous Projects
e. Celebrate 4/July 4th Entertainment
f. Redistricting Fees Due to 2020 Census
B. ESTIMATED IMPLEMENTATION TIMEFRAME
1. EDIT Bond Repayment Final Payment in 2022
2. Quality of Life Services and Projects
a. Work to Address Homelessness Annual
b. Animal Control Annual
c. Support of Rural Transit Annual
d. Unsafe Building Removal Annual
e. People Pathways—Partnership with Putnam County Annual
f. Work of the Sustainability Commission Annual
3. Capital Investment Projects
a. PUBLIC WORKS —Sidewalks—Renovation&ADA Ramps Annual
b. PUBLIC WORKS—Sidewalks—New& ADA Ramps Annual
c. PUBLIC WORKS—Wayfmding Program Annual
d. PUBLIC WORKS—Storm Water Improvements Annual
e. PUBLIC WORKS—Community Crossings Match Annual
f. PUBLIC WORKS—Garage Structure 2022
g. PARKS—People Pathways—Improvements& Misc. Repairs Annual
h. PARKS —Robe Ann Park—PCCS Maintenance Services Annual
i. Building Permit Software Fees & Licenses Annual
j. CITY COUNCIL—Neighborhood Projects Annual
k. LAW—ADA Improvements to City Properties Annual
1. CEMETERY—Bridge Repair Project 2022 or 2023
4. Economic and Community Development Projects
a. Support of Local Economic Development Efforts Annual
b. Support of the City's Website, Communications& E-Mail Annual
c. Support of the Farmers' Market Annual
d. Support of Downtown Promotions and Events Annual
e. Support of Downtown Revitalization Efforts Annual
5. Economic and Community Development—Miscellaneous Projects
a. Audit Fees Annual
b. Election Fees 2023
c. Mowing of City Properties Annual
d. Other Miscellaneous Projects Annual
e. Celebrate 4/July 4th Entertainment Annual
f. Redistricting Fees Due to 2020 Census 2022
C. ESTIMATED ECONOMIC DEVELOPMENT LOCAL INCOME TAX FUNDS
1. Estimated Cash Balance at the end of 2021: $1,400,000
2. Certified Share Distribution for 2022 (DLGF Estimate 10/4/2021): $700,756
3. Estimated Share Distribution for 2023: $671,000
4. Estimated Share Distribution for 2024: $671,000
Estimated Funds Available to Support Projects and Programs: $3,442,756
The City of Greencastle will pursue available public grant sources, private grant sources,
donations and/or partnerships in support of any of the projects listed in this plan.
D. ESTIMATED USES OF FUNDS—Three Year Estimates Shown
1. EDIT Bond Repayment—Final Payment in 2022 $42,500
2. Quality of Life Services and Projects
a. Work to Address Homelessness $33,000
b. Animal Control $33,000
c. Support of Rural Transit $49,500
d. Unsafe Building Removal $75,000
e. People Pathways—Partnership with Putnam County $36,000
f. Work of the Sustainability Commission $7,500
3. Capital Investment Projects
a. PUBLIC WORKS— Sidewalks—Renovation&ADA Ramps $340,000
b. PUBLIC WORKS— Sidewalks—New& ADA Ramps $340,000
c. PUBLIC WORKS—Wayfinding Program $30,000
d. PUBLIC WORKS—Storm Water Improvements $300,000
e. PUBLIC WORKS—Community Crossings Match $300,000
f. PUBLIC WORKS—Garage Structure $60,000
g. PARKS—People Pathways—Improvements& Misc. Repairs $150,000
h. PARKS—Robe Ann Park—PCCS Maintenance Services $30,000
i. CITY COUNCIL—Neighborhood Projects $189,000
j. LAW—ADA Improvements to City Properties $15,000
k. CEMETERY—Bridge Repair Project $150,000
1. Building Permit Software Fees & Licenses $24,000
4. Economic and Community Development Projects
a. Support of Local Economic Development Efforts $195,000
b. Support of the City's Website, Communications& E-Mail $150,000
c. Support of the Farmers' Market $18,000
d. Support of Downtown Promotions and Events $36,000
e. Support of Downtown Revitalization Efforts $37,500
5. Other Economic/Community Development Projects
a. Audit Fees $30,000
b. Election Fees $6,000
c. Mowing of City Properties $75,000
d. Celebrate 4/July 4th Entertainment $15,000
e. Redistricting Fees Due to 2020 Census $50,000
f. Other Miscellaneous Projects $120,000
Estimated Use of Funds in Support of the Listed Projects: $2,937,000
2. The projects listed above require more than 75% of the funds to be distributed over a three
(3) year period beginning with the first monthly installment of January 2022.
3. Funding may be accumulated to implement projects or to bundle projects that could result in
savings through project management.
4. The City Council may amend this resolution from time to time during the three year planning
period should conditions and the availability of resources change.
5. This resolution shall be effective from the date of adoption until January 1, 2025.
PASSED AND RESOLVED by the Common Council of the City of Greencastle at its regular
meeting this 14th day of October, 2021.
COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA
Adam Co en Cody Ec •
Mar Ham er S acie Langdon i
Dave urray Vero ica 'e ril
ob Widner
Approv d d s' ned by me this 1e ay of October, 2021 at $',IS p.m. o'clock.
William A. Dory, Jr., Mayor
ATTEST:
Lyn.K. Dunbar, Clerk- reasurer