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    LaPorte County-KIP Multiple Parcels - Incentive Letter

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    Amanda Pinks
    The letter outlines LaPorte County, Indiana's proposal to Project Checkpoint for a site selection. It details a 573-acre greenfield location that is rail and utility served. The county offers $10 million for infrastructure, $1 million for workforce development, and assistance with recruitment upon signing a development agreement. The location and property costs would be included in an incentive package, and the county is prepared to utilize tax increment bonds or abatements to finance buildings and equipment.

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    © All Rights Reserved
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    LaPorte County-KIP Multiple Parcels - Incentive Letter

    Uploaded by

    Amanda Pinks
    15 views3 pages
    The letter outlines LaPorte County, Indiana's proposal to Project Checkpoint for a site selection. It details a 573-acre greenfield location that is rail and utility served. The county offers $10 million for infrastructure, $1 million for workforce development, and assistance with recruitment upon signing a development agreement. The location and property costs would be included in an incentive package, and the county is prepared to utilize tax increment bonds or abatements to finance buildings and equipment.

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    LaPorte County-KIP Multiple Parcels_Incentive Letter (1)

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    The letter outlines LaPorte County, Indiana's proposal to Project Checkpoint for a site selection. It details a 573-acre greenfield location that is rail and utility served. The county offers $10 million for infrastructure, $1 million for workforce development, and assistance with recruitment upon signing a development agreement. The location and property costs would be included in an incentive package, and the county is prepared to utilize tax increment bonds or abatements to finance buildings and equipment.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    15 views3 pages

    LaPorte County-KIP Multiple Parcels - Incentive Letter

    Uploaded by

    Amanda Pinks
    The letter outlines LaPorte County, Indiana's proposal to Project Checkpoint for a site selection. It details a 573-acre greenfield location that is rail and utility served. The county offers $10 million for infrastructure, $1 million for workforce development, and assistance with recruitment upon signing a development agreement. The location and property costs would be included in an incentive package, and the county is prepared to utilize tax increment bonds or abatements to finance buildings and equipment.

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    May 25, 2023

    Site Selection Committee


    Project Checkpoint (424601)
    C/O IEDC
    One North Capitol, Suite 700
    Indianapolis, IN 46204

    Re: Checkpoint Site Selection

    We are pleased to submit our response to the RFI for Project Checkpoint
    (424601). LaPorte County leadership is aligned and prepared to execute what is
    necessary to secure your investment in LaPorte County, Indiana.

    Below is an outline of our programs and timelines to deliver on what is indicated in this
    letter.

    Location: The LaPorte County location meets all your site requirements, has on-site
    utilities, and can be upgraded as necessary to facilitate your project. The area is in an
    attainment area and is zoned M-2 Heavy Manufacturing.

    GREENFIELD LOCATION SECURE

    Available: Up to 573 acres are available today for your


    project.

    Rail Served: CSX, CN and South Shore Freight on-site.

    Utilities: On-site

    Secure: Location is withing former Kingsbury Arsenal


    (8,000 acres)

    Transportation: Property is adjacent to Hupp Road that


    connects to US-35 and US-6 highways.

    Highways make connections to I 80/90 (13


    miles) I 80/94 (15 miles) and US 30 (12 miles).

    555 Michigan Ave LaPorte, IN 46350 219-250-1250 1710 Monroe Ave. LaPorte, IN 46350
    The property will be included as part of the incentive package.

    Property: Cost included in incentive package 30 days to


    close/after Project Checkpoint due diligence has
    been completed.

    Project Financing Support: The County is prepared to offer and execute any one of the
    following local property tax benefit programs. In general terms, the County leadership is
    prepared to either utilize property taxes paid to finance your buildings and improvement
    or provide property tax abatements for both your real estate and machinery and
    equipment.i

    Tax increment bonds private Available

    Tax increment bonds public Available

    Tax abatement Available

    Infrastructure: $10 MM
    Upon execution of Development
    Agreement.

    Campus Electricity: LaPorte County will underwrite


    and capture facility property taxes
    for the construction of an on-site gas
    turbine generation facility as an
    alternative to existing electrical
    provider.

    Workforce Development Training Support: $1MM upon completion of the


    Development Agreement.

    Recruitment: LaPorte County will help with


    employee recruitment, screening,
    and application processing.

    Upon execution of the Development


    Agreement.

    555 Michigan Ave LaPorte, IN 46350 219-250-1250 1710 Monroe Ave. LaPorte, IN 46350
    Please be advised that LaPorte County is obligated to follow all incentive award
    processes set forth in the Indiana Code. Additionally, LaPorte County may at your
    request, maintain confidentiality regarding this project and your site search and can
    execute a non-disclosure agreement as part of any additional site due diligence prior to
    the need for public action on this project.

    Our team has completed projects of this size and scope and would welcome Project
    Checkpoint to our community. As you review our submittal, if you or your team has any
    questions, please contact me directly at (219) 250-1250.

    Sincerely,

    Amanda Pinks

    Amanda Pinks, Development Specialist


    LaPorte County, Center for Economic Development, Planning & Governmental Affairs

    555 Michigan Ave LaPorte, IN 46350 219-250-1250 1710 Monroe Ave. LaPorte, IN 46350

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