RDA Elects Board Officers, Touts Investments

Posted: Updated:
Photo courtesy of the Northeast Indiana Regional Partnership Photo courtesy of the Northeast Indiana Regional Partnership
FORT WAYNE -

The Northeast Indiana Regional Development Authority has elected a new five-member board. RDA  President Gene Donaghy says the organization will also focus on establishing a sustainable funding model and further developing its Road to One Million talent plan.

The organization says, over the last four years, it has leveraged $42 million of state Regional Cities Initiative funding to generate more than $258 million of total public-private investment in 24 quality of place projects in the 11-county region.

The newly-elected RDA board members are selected by their county and have shown demonstrated commitment to the region and the Road to One Million plan, according to the RDA. Each member will serve a four-year term.

The new board officers are:

  • President Gene Donaghy, retired from Northeastern REMC
  • Vice President Craig Snow of Silveus Insurance Group
  • Secretary Bob Marshall of Campbell & Fetter Bank
  • Jeff Turner of Metal Technologies
  • Andrew Briggs of Farmers & Merchants State Bank

“With 16 of 24 projects already complete, I hear stories frequently from northeast Indiana residents who enjoy RDA-funded projects like the Michiana Event Center in LaGrange County, the arenas at Trine University in Steuben County, the Russel and Evelyn Fahl Aquatics Facility in Whitley County and the Clyde Theatre and the newly-opened Riverfront Promenade Park in Allen County,” Michael Galbraith, director of the Road to One Million at the Northeast Indiana Regional Partnership said in a news release. “These projects fill a critical need by providing quality of place assets to retain current residents and attract new residents. We want people to love the community they live in, and thanks to the RDA’s innovation and creativity, we’ve maximized funding to benefit each regional county.”

  • Perspectives

    • Want A Guaranteed Negative Return?

      Here we go again! On Wednesday, August 14th, we watched the Dow Jones Industrial Average (DJIA) drop over 800 points.  The previous Monday the Dow ended down over 700 points. But what you may have missed is the sharp downward move in interest rates that has intensified with the recent stock market volatility. What does this mean for your portfolio?

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Forbes Ranks Top Colleges; 3 Indiana Schools Make the Cut

      Forbes released its 12th annual ranking of America’s Top Colleges based on direct benefits a university or college provides its students. Several Indiana universities made the list in some “sub-categories”, like Grateful Graduates Index, but the University of Notre Dame was the only school in the state to break the top 20 overall rankings.

    • ‘Transformation’ Continues in Westfield

      Indiana’s fastest growing city is showing no signs of slowing down.  Mayor Andy Cook says now that Westfield has established itself as a destination for family sports with the Grand Park Sports Campus, the $35 million Grand Junction Plaza will transform the city’s downtown into a destination, a place “where people want to be.”   Cook says the project, more than a decade in the making, is an example of a place making strategy necessary for Midwest...
    • (courtesy Wes Mills)

      Purdue: Farmland Values Decline Fifth Straight Year

      The value of top-quality farmland in Indiana continues to decline following a five-year trend, according to the latest data from Purdue University.  The statewide average of the best cropland is $8,212 per acre, down more than five percent ($456 per acre) from the same period last year. Purdue’s survey shows average and poor-quality farmland values also dropped, but not as much. Average quality farmland declined by 0.9 percent. Purdue says the poor-quality farmland...

    • Caito Foods was founded in 1965.

      Caito Foods to Cut Jobs

      Michigan-based SpartanNash (Nasdaq: SPTN) has decided to discontinue the Indianapolis-based Caito Fresh Kitchen operations. The grocery retailer-distributor acquired Caito Foods Service in January 2017 for $217 million. The company broke ground on its $32 million fresh kitchen process facility in 2015. 

    • (photo courtesy The Times of Northwest Indiana)

      Hammond Pulls 135 Jobs from Illinois

      A Hammond factory recently vacated by Michigan-based Lear Corp. didn’t sit empty for very long. Midland Metal Products has taken over the former seat factory, having relocated from Chicago after 95 years.