Greensburg Daily News, Greensburg, IN

News

June 27, 2014

Veteran's Way bids $2 million below projection

GREENSBURG — Bids for the first phase of the city’s Veteran’s Way road project have come in more than $2 million below the projected $7 million cost.

The Greensburg Redevelopment Commission opened three bids on Wednesday. Two were below $5 million, while the third was at about $7 million. The city initially had projected the project’s cost at more than $8 million, but a consultant revised that estimate down to about $7 million in March.

Veteran’s Way will connect U.S. 421 with State Road 3. It will run for most of its 1.1-mile stretch along what is now County Road 150N/Smith Road, parallel to Interstate 74. The road will have one 14-foot travel lane in each direction. The lanes will be separated by a center median that will make way for a center turn lane in certain areas. A pedestrian/bike trail will run alongside the road, mostly on its south.

The city will pay for construction with revenues from its Tax Increment Financing (TIF) district. TIF revenues usually are used for infrastructure improvements, such as road construction. TIF revenues are generated by property taxes on new development in a specific area (the TIF district.) The funds must be reinvested within that district. Municipalities use TIFs to try to encourage economic development. The goal is to expand the tax base and use some of that growth to improve the district to foster further growth. Once the TIF expires — usually after 25 or 30 years — all property in the district is taxed like any property outside of the district.

The commission on Wednesday took the Veteran’s Way bids under advisement and will let its attorney and engineer review the bids and make a recommendation at the next meeting. The low bid, $4.8 million, excluding two options totaling about $400,000, came from Dave O’Mara Contractor in North Vernon.

Text Only
News
  • $200K budget cut for GCS GREENSBURG — Greensburg Community Schools expect to see their budgets decline by about $200,000, or 0.8 percent, for the next school year.Superintendent Tom Hunter said that he expects tax rates, which help determine local property tax bills, to be a

    July 23, 2014

  • nws-gb072314-Littles pic Little Mister and Miss accepting contestants GREENSBURG – Once again, preparations are underway for the Tree City Fall Festival Little Mister and Miss Tree City contest.For several years, the Littles have been crowned at the Fall Festival, but as with any contest, a significant amount of prepar

    July 23, 2014 1 Photo

  • nws-gb072314-ymca 100 carnival - pic 04 YMCA marks 100th anniversary GREENSBURG — Kids rode horses and the kiddie train, chugged popcorn, shot a bow and arrow, played putt-putt, tossed darts into balloons and toilet paper into a toilet, ran an obstacle course and petted an alligator. It was practically impossible to f

    July 23, 2014 4 Photos

  • City moves forward with plan GREENSBURG — The city of Greensburg took a step closer Monday to updating local guidelines about where and how it wants to support industrial, commercial and residential growth.In a special meeting at City Hall, city council members agreed to use Eco

    July 23, 2014

  • Inside Indiana Business with Gerry Dick Regional facility secures Fishers OKThe Fishers Town Council has approved a Florida-based consumer product company’s plans for a new regional operation. A Jarden Corp. (NYSE: JAH) subsidiary is looking to invest more than $16 million into the project

    July 23, 2014

  • nws-gb072314-jane howard profile - pic Optimists' president honored to be serving her community GREENSBURG — Greensburg Optimists Club President Jane Howard thinks of herself as “just one of the guys.”In the last five years, this Greensburg native has unexpectedly found herself rising up the ranks to lead one of the Tree City’s premiere, commun

    July 23, 2014 1 Photo

  • Decatur County Events Calendar Local clubs, service groups, fraternal organizations and others are encouraged to send their Coming Events information to the Daily News at news@greensburgdailynews.com or Daily News, PO Box 106, Greensburg, IN 47240. All July – International Crafts

    July 23, 2014

  • kids-gb072214-4H awards pic 1 Two 4-H’ers honored as outstanding exhibitors GREENSBURG – Two Decatur County 10 year 4-H members were honored as Outstanding Exhibitors during the 2014 4-H fair.Lexie Armand and Layne Sanders have both completed over 50 4-H projects each during their decade as members of the organization.Armand

    July 22, 2014 2 Photos

  • Decatur County Events Calendar Local clubs, service groups, fraternal organizations and others are encouraged to send their Coming Events information to the Daily News at news@greensburgdailynews.com or Daily News, PO Box 106, Greensburg, IN 47240. All July – International Crafts

    July 22, 2014

  • nws-gb072214 Back to school photo School registrations now underway GREENSBURG – All good things must come to an end – even summer vacation.Students enrolled in Decatur County Community Schools will return to the classroom Tuesday, Aug. 5. Students at Greensburg Schools return Monday, Aug. 4. Registration for all cur

    July 22, 2014 1 Photo