Notice is hereby given that on March 17, 2026, the Town Council of Syracuse, Indiana adopted Economic Development Target Area Declaratory Resolution No. 2026-04, which Resolution provides in substance as follows:
Whereas the real estate located 502 West Brooklyn Street, as more fully described in the Resolution (“Real Estate”) has become undesirable for, or impossible of, normal development and occupancy, and the improvement of the Real Estate would benefit and would promote the welfare of all citizens and taxpayers in Syracuse, Indiana. The Syracuse Town Council found, declared, and designated the Real Estate to be an economic development target area as defined in Ind. Code § 6-1.1-12.1-7 (“EDTA”) on September 21, 2021. The Syracuse Town Council also declared that deductions for ten (10) years for new real estate improvements installed in the EDTA would be granted for qualified projects.
A description of the affected area is available and can be inspected in the Syracuse Clerk’s Office.
The Syracuse Town Council also found that it should approve the Statement of Benefits filed by Ridgestone Development Group, LLC (“Ridgestone”) for qualified projects located on the Real Estate for such 10 year abatement deductions.
Whereas, the Syracuse Town Council resolved to hold a public hearing to consider Ridgestone’s request for the adoption of a Confirmatory Resolution.
A public hearing on these matters will be held by the Syracuse Town Council on April 21, 2026, at 7:00 o’clock P.M. in the Council Chambers, 310 North Huntington Street, Syracuse, Indiana 46567. At this hearing, the Council will (1) receive and hear all remonstrances and objections from interested persons, (2) shall take final action confirming the qualifications for an economic development target area have been met and confirming, modifying and confirming, or rescinding the Resolution, after considering the evidence, and (3) shall take final action on the Statement of Benefits.
Virginia A. Cazier, Clerk
Syracuse, Indiana