Friday, January 27, 2012
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MAYOR HENRY HERALDS SUCCESS OF CITY'S COST-SAVING, ONE CART RECYCLING PROGRAM

Challenges more residents to get involved

Graphs from news conference attached at bottom of release.

Fort Wayne, Ind. – Year-end numbers show that the City of Fort Wayne's One Cart recycling program has been a huge success!

With city households participating at an average rate of 70 percent, the City has been able to save nearly $150,000 in fees by reducing the amount of garbage taken to the landfill. At the same time, a shared revenue agreement enabled the city to receive more than $425,000 for its recyclables in 2011.

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KEY FINANCING PIECE IN PLACE FOR THE HARRISON

Mayor Heartened by Completion of New Markets Tax Credits, Ongoing Site Work

Fort Wayne, Ind. – Mayor Tom Henry today confirmed that the New Markets Tax Credit component of the financing package for The Harrison has been secured and deployed. With this news, the last section of Harrison Square hits another important milestone along its development path.

These federal tax credits represent an essential portion of the funding for the estimated $18.5 million project that will bring new housing, office and commercial options into downtown Fort Wayne. This element was coordinated by the City of Fort Wayne through its Fort Wayne New Markets Revitalization Fund, working in concert with the principals of New Harrison, LLC, and PNC Bank.

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CITY INVITES PUBLIC TO SHARE THOUGHTS ON POTENTIAL BROWNFIELD SITES

Community Forum to be Held at Parkview Field  

Fort Wayne, Ind. - The City of Fort Wayne’s Redevelopment Department will host a community forum to discuss new brownfield grant funding and solicit ideas for potential sites to be developed.  The forum is slated for 4 p.m. Tuesday, Jan. 24 at Parkview Field’s Lincoln Financial Event Center.

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