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No. 2456 expanding the boundaries of the Airport Economic Development Area, expanding the allocation area for purposes of tax increment financing and amending the Airport Economic Development Area Development Plan (Portage Prairie)
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No. 2456 expanding the boundaries of the Airport Economic Development Area, expanding the allocation area for purposes of tax increment financing and amending the Airport Economic Development Area Development Plan (Portage Prairie)
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• Acquire properties suitable for potential development on a limited and low <br />cost basis when the opportunity presents itself either through direct <br />purchase or the property tax sale process. <br />• Conduct feasibility studies to determine the least expensive sites for initial <br />development in terms of soil and water table conditions. <br />D. SAMPLE-INDIANA INDUSTRIAL DISTRIC <br />Another sub-area within the Sample-Ewing Area is an L-shaped heavy industrial <br />corridor between Sample Street and Indiana Avenue that runs from Olive Street on the <br />west (and the adjacent Rum Village Industrial Park) to the Studebaker Corridor sub-area <br />on the east. (See Map 11.) <br />The district is zoned primarily "E" -Heavy Industrial and the existing land uses <br />reflect this zoning classification for the most part. The main economic activities in the <br />district include scrap and salvage yards, major truck terminals and related uses, <br />warehouse/distribution and wholesale facilities. A significant portion of the area consists <br />of vacant and under-developed land and marginally used industrial buildings, an example <br />of which is the former White Farm manufacturing complex. <br />This area originally developed as a major heavy industrial, truck terminal, and <br />warehouse/distribution district because it was the original location for the main railroad <br />switching yard and was served by a number of main and spur rail lines early in its <br />development. As industrial and transportation technology changed, the main switching <br />yard, rail lines and spurs became less important, inactive and, in some cases, abandoned. <br />For planning purposes this sub-area has been divided into three sectors. The three <br />sectors are (See Map 12.): <br />1. the Olive Street-Walnut Street sector; <br />2. the Walnut Street-Prairie Avenue sector; and, <br />3. the White Farm sector (bounded by Chapin, Sample, the railroad and <br />Arnold Street. <br />The western most sector of this L-shaped sub-area lies between Olive Street <br />(west), Walnut Street (east), Indiana Avenue (south) and Sample Street (north). It is <br />immediately adjacent to the Rum Village Industrial Park and has similar land uses, <br />infrastructure needs and environmental challenges. It, too, has several areas of <br />incompatible land uses. The major land uses and economic activity in this sector are the <br />truck terrrrinals and related businesses. In addition, a large parcel of undeveloped land is <br />located directly in the middle of this sector. A wire manufacturer and a saw mill also <br />cover a large portion of this sector of the Sample-Indiana sub-area. An interesting <br />exception to the general activity in the area is an ice skating/hockey rink that serves the <br />13 <br />
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