The River Ridge Commerce Center is going to start negotiations with the city of Jeffersonville over an expansion of the city’s North Wastewater Treatment Plant. The city and the River Ridge Development Authority agree that a larger facility is needed to accommodate growth.
The RRDA authorized executive director Jerry Acy to negotiate an agreement with the city to help finance a planned expansion.
The wastewater plant is located within the River Ridge Commerce Center on land donated to the city. The facility provides wastewater treatment services to industries and businesses located in the Jeffersonville section of River Ridge as well as about 10,000 acres of Jeffersonville located outside the commerce center.
“River Ridge has continued to make smart investments in infrastructure and development – investments intended to spur growth in and around the Commerce Center,” said Acy. “We are excited that we are again able to support our local government partners in a project that will benefit our River Ridge businesses and serve the immense growth in Jeffersonville that has occurred adjacent to the River Ridge Commerce Center.”
The bulk of River Ridge’s funding to support the Jeffersonville treatment plant expansion would come from proceeds from a planned 2022 bond issue.
In addition to the RRDA funding, Acy says wastewater treatment facilities were included in the Regional Economic Acceleration and Development Initiative (READI) grant. The state awarded the Our Southern Indiana Regional Development Authority would receive the full $50 million funding. Acy says funding for the wastewater facility could be included when funding is distributed.