Eventually the road will even reach part of Indian Meridian by way of Oak Street about five or so years down the road, though it will progress as needed instead of being finished all at once, said Frizell. He noted how much of the property in the district is even owned by an area resident, who plans on selling the land a bit at a time and infrastructure and roads will be added as that increases.
To be clear there are certain areas within the TIF district that is developed like the Wal-Mart Distribution Center, but this road will be the first project of its kind that will set off a potential chain of events, said Frizell. There are already plans for a Tractor supply as well as at least one medical related office in the near future.
“We have made some improvements out there, just not anything major like the road we’re fixing to build out there,” said Frizell. “That’s going to be the first major step in the TIF district.”
In the end, a project like this is a part of the city’s continuing policy, which is to build tax revenue potential by investing in the basic needed services, said Gamble. The improvements to this district will eventually benefit the town as a whole, which will be able to afford to put even more funds toward improving infrastructure that’s been out of date for years.
“I’ve said it for 12 years, we run on pennies… If we don’t grow that, we can’t provide the services for our businesses or citizens,” said Gamble. “And with that growth we will have to revamp and improve our sewers, not only in the TIF, but outside it.”