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Shopping Guide News - October 16, 2024

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FOR AN INDUSTRIAL PARK — Area leaders recently met regarding planning for a potential industrial park in the SR 25 and US 31 area at Rochester. Duke Energy recently granted $10,000 for the park, with leaders hoping to also get $3 million in Regional Economic Acceleration and Development Initiative funds from the state. In the front from left are Jim Straeter; North Central Indiana Regional Planning Council Executive

Director Steven Ray; Duke Energy Senior Economic Development Manager Haley Tomlinson; the Indiana Economic Development Corp.’s Sarah Salisbury; and Duke Energy’s Jennifer Jordan. In the back are Rochester Mayor Trent Odell; economic advisor Charlie Sparks; Fulton County Commissioners’ President Bryan Lewis; and Fulton Economic Development Corp. Director Michael Ladd. Photo provided by Duke Energy.

County hopes to receive $3M in READI funds FOR POTENTIAL INDUSTRIAL PARK

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By LEAH SANDER Staff Writer Fulton County leaders hope Indiana will approve $3 million in state funds for a potential industrial park. Fulton Economic Development Corp. Director Michael Ladd said leaders are still waiting to see if the state will approve giving Regional Economic Acceleration and Development funds for the project. The county banded together with Cass, Miami, Howard, Clinton and Tipton counties to apply for so-called READI 2.0 monies for a variety of econom-

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ic endeavors. The potential industrial park would be located in the SR 25 and US 31 area at Rochester. Ladd noted that area was chosen as leaders recognize that intersection won’t be closed when the state makes changes to how US 31 is structured in the future. Assisting in the potential project planning is Charlie Sparks. Sparks, who now runs CESparks Consulting, formerly served as Indiana Economic Development Corp. vice president. The two men recently met with area leaders to work on “determining the availability of

sites, conditions of sites, things like that.” “We’re still in a very speculative phase,” said Ladd. He emphasized that “no site is absolutely selected yet.” “Charlie’s working on memorandums of understanding with the various property owners out there,” said Ladd. Ladd said leaders are formulating how utility infrastructure would be made to the site. Sparks noted the area in question is served by both Duke Energy and Fulton County REMC. Duke recently awarded $10,000 to the county for the project through its Site Read-

iness Program. Local government funds should also be part of the project. Leaders aren’t sure on the exact type of industry that would come to the park, but Ladd noted area residents wouldn’t see “smoke stacks out there and black clouds.” Sparks noted the exact acreage of the park has to “justify the investment and infrastructure.” He said Fulton County hopes to be in on some of the “positive development activity going on in the state and the region” with the potential park. “We want to be in a position Continued on page 3

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