Local News

Settlement Footing Much of the Clean-Up Tab

(LaPorte, IN) - Millions of dollars have gone toward the ongoing environmental remediation at

NewPorte Landing.

Local taxpayers haven’t paid much, if anything.

Bert Cook is executive director of the La Porte Economic Advancement Partnership.

He says the expense is primarily funded with proceeds from a settlement with Allis Chalmers

and others responsible for the contamination.

Cook says other monies have come from tax dollars generated by new development.

Tax dollars going toward the clean-up are captured from within a Tax Increment Financing District

NewPorte Landing was placed into years ago to help with the cost.

Tax dollars are generated when the value of the land increases from new development.

Cook said the Healthcare Foundation of LaPorte has also contributed to the effort.

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