Proposed Indiana reservoir would face several reviews

Mar 19, 2013 | Posted by: roboblogger | Full story: ibj.com

A proposal to build a 2,000-acre reservoir about 50 miles northeast of Indianapolis would face numerous reviews by regulatory agencies before the project could move forward.

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1 - 4 of 4 Comments Last updated May 13, 2013
Sunshine Ertle

Muncie, IN

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#2
Mar 23, 2013
 
I, personally, am seeing the Mounds Lake Proposal as more of a positive in the end, seeing as how both Delaware and Madison County are two of the poorest counties in Indiana, which is one of the poorest states in the U.S. I think a change of pace would encourage growth in an otherwise stagnant economy for those of us in Madison and Delaware counties. I would rather live amongst "reservoirs" than to see eventually-abandoned houses bulldozed so that new highways can pave their way THROUGH us to lead to OTHER cities of wealth and prosperity...

I hope people don't shoot down this idea without thinking about the jobs and revenue this could create for all of us, without everyone having to drive to Indianapolis or other metropolises to find work. I also like the idea of a more peaceful lakeside community. The main reason I moved from my hometown of Anderson to Yorktown when I had children was because of the safety-factor of living in a small town with a predominantly "country" school.

I believe that the people most angry with the proposal are obviously the ones whose homes would be effected. If productive means are obtained to accommodate these families and alleviate their worries, maybe the project would get further faster?

“PALEHORSE”

Since: Jan 13

Chicago

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#3
Mar 25, 2013
 
Most of the "homes" in the impacted areas are either fiscally "under water" or so undervalued at the present time as to make selling them next to impossible. This project would remedy that by paying the high market value at the time of the sale, and enable these homeowners to build new homes if they so choose at record low mortgage rates.

Moreover, it would provide an increase to the existing home values in the city, while establishing high end tracts of property for future home sites. It also would provide top dollar for the all but defunct Mounds Mall, and enable the current owner to rebuild elsewhere within the city.(Like the annexation targeted properties along the flagship).

Most are protesting the costs associated with the project, but with the state and at certain levels federal, alphabet soup pushing for increased water sources in central Indiana, financing will be a no brainer and not upon the backs of the citizens living in the counties impacted.

The project has merit, and more importantly the attention of some powerful state level entities. It will happen, it is just a matter of where and when. Anderson can either get on board and reap the benefits, or watch them go to another area. GM is gone. The city of Anderson must rebuild for the future!
RealTruth

United States

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#4
Mar 31, 2013
 
The MLC is not going to pay top dollar for anything, not for houses and not for that toxic dump cap called the Mounds Mall. Eminent Domain is designed to rape and pillage.

“PALEHORSE”

Since: Jan 13

Chicago

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#5
May 13, 2013
 
RealTruth wrote:
The MLC is not going to pay top dollar for anything, not for houses and not for that toxic dump cap called the Mounds Mall. Eminent Domain is designed to rape and pillage.
It's the law... and all are required to follow it.

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