City of Portage, Indiana

We are a community of hard working people with a commitment to keeping our city safe, clean, and prosperous.

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Redevelopment Commission

NOTICE OF SALE

The Commission is accepting proposals for offers on real estate: 

Update: May 31, 2018: The Commission is accepting additional proposals through June. Contact Colin Highlands for information. 

5500 Melton Road 
Notice of Sale 
Exhibit 
Offer to Purchase Form: 5500 Melton Rd.
Zoning Classification Guide: BP, Business Park

5400 Melton Road
Notice of Sale 
Exhibit
Offer to Purchase Form: 5400 Melton Rd
Zoning Classification Guide: BP, Business Park


ABOUT TAX INCREMENT FINANCING

Tax Increment Financing (TIF) is a type of financing that permits local governments to finance the redevelopment of blighted areas and the economic development of rapidly developing areas. The Portage Redevelopment Commission relies on TIF revenue to implement projects that create or enhance the economic viability of our city. 

Tax increment is the property tax revenues collected on the increased assessed valuation of property in the area to be redeveloped or developed. Tax increment financing not only permits the acquisition of property for purposes of redevelopment or economic development, but also provides another means for communities to finance infrastructure improvements in a blighted area or an economic development area.

TIF's are a popular means of financing local public investment intended to stimulate private sector investment and job creation, principally through infrastructure improvements. Presently, TIF's are used by local governments in 49 states. 

RESOURCES

2017 Annual Report
Allocation Area (TIF) Map
Porter County GIS Map 


COMMISSION MEMBERS

1 year term, 5 members:  3 appointed by Mayor, 2 appointed by Council

James E. Snyder                                      
Greg Lach - Citizen                               
Steven A. Nelson - Citizen                  
Liz Modesto - Council Person                              
John Cannon - Council Person
Gregg Sobkowski - Attorney        

Contact Us

Colin Highlands,
Redevelopment Administrator and Project Manager

City Hall
(More about City Hall)
6070 Central Ave
Portage, IN 46368
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  • Business: (219) 841-6428
  • Staff Directory
  • Office Hours:
    M-F 8:30 AM to 4:30 PM

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