TERRE HAUTE, Ind. (WTWO/WAWV) — By combining proceeds from three Terre Haute tax districts, the city is moving closer to relocating its Police Department to the old Tribune-Star headquarters.
A Terre Haute City Council resolution Tuesday evening combining the downtown tax district with those of Jadcore and State Road 46 ensured that officials are in a better position to get started on new projects, which had been delayed by the city’s financial status.
“In essence, waiting has paid off for us,” said Terre Haute mayor Duke Bennett. “Now we want to accelerate the process now that we’ve done what we’ve done tonight. The bond rates couldn’t be any better. We can borrow money inexpensively, which is very good for the taxpayer.”
City Council President George Azar said both the community and local police officers will benefit.
“When people come to visit and they want to go into the police station, they want it to look good, nice and proper,” Azar said. “It’s all about image and safety. I believe that right now we need this for not only image, but fore the safety of our officers.”
The move, including renovations to the old Trib-Star building, will cost $11.7 million. Bennett expressed pleasure with the Council’s decision.
“I’m feeling great,” the mayor said. “We’re finally moving the project forward. We still have to get the Council to approve the bond itself, but you heard tonight that everyone was in support of the concept of all of this. We did the hard part by combining the TIFFs (tax districts). So now we’re moving.”
Some of the tax revenue will also go to new roads and infrastructure on SR 46.