Money from Roanoke's share of CEDIT income will likely be spent on improvements to the town's infrastructure and updates to town buildings and equipment.
Members of the Roanoke Town Council approved the CEDIT spending outline during their meeting on Tuesday, Feb. 3. The town expects to receive $67,000 in CEDIT money for 2009, which will be added to the $36,000 of CEDIT funds the council still has from 2008.
CEDIT - County Economic Development Income Tax - is a tax collected by the county. The income from that tax is divided among the county and cities and towns within the county.
The CEDIT spending outline, assembled by Council Vice President Michelle Schwieterman and Roanoke Clerk-Treasurer JoAnne Kirchner, allocates $12,000 to pay half the cost of a new police car; $15,000 to the park department for new paving and sidewalk; $5,000 for improvements to the exterior of the town hall; $60,500 for the utilities department; and $10,500 toward fire department needs.
The plan's total cost is $103,000, which includes both the income expected for 2009 and the amount held from 2008.
The police car, to be purchased in 2010, will cost approximately $24,000. If the $12,000 is set aside in 2009, Kirchner says, the remaining portion could be budgeted the following year.
Schwieterman says she wants to see the $5,000 set aside for improvements to the town hall used toward new lights, a coat of paint and an update to the town hall sign.
Money for the fire department would be spent on a generator and heating and cooling system in the EMS quarters. Those quarters currently have no such system.
The town has already used $20,000 of the amount allocated toward the utilities department, spending that amount on upgrades to a water line serving the new Kilsoquah subdivision.
In other business, Council President John Stoeckley asked the council members to endorse an environmental impact study that will be funded by the federal government.
Endorsement of the study, the council's resolution states, is "a measure to expedite the final phase of the Hoosier Heartland Corridor." The corridor, the document says, "will provide greater and safer access from Lafayette to Fort Wayne." The final link in the corridor is a 4 1/2-mile section from Roanoke to I-69.
The council is urging all Huntington County governmental units and economic development organizations to support the study.
"Truck traffic will increase considerably from what we've got now," Stoeckley said. "We think Roanoke has a really good opportunity here to really benefit from this commercially and economically."
The council unanimously approved the resolution.