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plans to annex ok'd

Thursday, December 21, 2017 14:54 PM
Written by Stan Maddux
Category: Local News

Michigan City has taken the first step toward annexing 500 acres for development of new homes and warehouses.

The city council has entered into an agreement with two of the six property owners to annex so water and sewer lines can be extended to the undeveloped site along U.S 20 near Interstate 94.

Clarence Hulse, executive director of the Economic Development Corporation Michigan City, said the remaining landowners are on board and should be part of the agreement officially early next year.

About half of the land is used for raising corn and soybeans while the rest is wooded with a creek running through it.

The site on the south side of U.S 20 is beside the South Shore Freight Railroad tracks.

Hulse said talks have already been held with several developers interested in having product coming in and out of the site on a rail spur that would have to be added to the tracks.

''That's key for any large industrial development,'' said Hulse.

Annexation could go through before the end of 2018.

Hulse said water and sewer will increase substantially the value of the land but the owners have agreed to a three-year ceiling of $45,000 per acre to attract buyers so development occurs rapidly.

''We want to make sure it's not going to be overpriced and nothing ever happens,'' said Hulse.

City councilman Tim Bietry said the site being close to rail and two major highways has great potential.

''We've been talking about this for years. We were all really happy to see that first step taken,'' Bietry said.
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