The Crown Point Community School Corp. board, the Crown Point City Council and the city’s redevelopment commission have reached a deal to create a downtown park. Our partners at The Times of Northwest Indiana report the deal now awaits final approvals.
School Board President Scott Angel told the publication the deal involves two agreements. The first donates the 2.3 acres of land, which had previously housed the district’s bus garage, to the city. The second agreement says the redevelopment commission will fund educational and training programs in exchange.
“It’s been a long, three-year process (to reach the agreement), but that’s what happens when you have two separate government entities making sure all the i’s are dotted and the t’s are crossed,” Angel told The Times. “Each side was making sure the language was good, and we had a fair price.”
The school board is expected to approve the deal at its meeting Monday night, followed by a council vote on July 5. The publication says the redevelopment commission could make its vote a week later.
As part of the deal, the commission would give $100,000 annually for schools to use on various issues, such as technology and work/study programs.
The land has an appraised value of nearly $550,000. Once all of the approvals have been made, work could begin on the improvement project, which The Times says is expected to cost about $2 million, with no money coming from taxpayers.