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Indiana Shovel Ready Program Indiana Office of Community and Rural Affairs Indiana Economic Development Corporation.

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Presentation on theme: "Indiana Shovel Ready Program Indiana Office of Community and Rural Affairs Indiana Economic Development Corporation."— Presentation transcript:

1 Indiana Shovel Ready Program Indiana Office of Community and Rural Affairs Indiana Economic Development Corporation

2 Economic Development requires strong partnerships..  Economic development is a team effort between OCRA, IEDC, local economic development organizations, other federal, state and local agencies, universities, utilities and rail providers  Financial incentives are only one factor in the site selection process

3 Key Issues for Site Consultants  Workforce  Transportation  Regulatory Certainty  Utilities  Schedules Permitting Construction Financing

4 Indiana Shovel Ready Program

5 Key Benefits for Communities  Help local communities identify and prepare sites and existing buildings for economic development  Certify sites and existing buildings to expedite the location and permitting processes for business development  Identify and fast track the state and local permits necessary for a specific site (dependent on the end user)

6 Requirements- Leadership  Executive-level local government official support. (Elected official or executive is defined as a Mayor, County Commissioner or Town Council President).

7 Requirements- Site Ownership  Site Ownership / Control: Clear title or development option 50-year title search Letter from property owner/option holder stating that site is for sale/lease

8 Requirements- Maps  Maps: ALTA Map Site map showing lot layout USGS Topographical Map Aerial Map

9 Requirements- Environmental  Phase I Environmental Site Assessment performed by a certified professional within the prior six months (Phase I Report and supporting information based on ASTM standards E 1527-00 or E 1527-05.) Remediated sites provide documentation of liability protection.

10 Minimum Standards  Wetland delineation demonstrating that impacts to waters of the state will be avoided or mitigation plan approved by the Indiana Department of Environmental Management.

11 Requirements- Infrastructure  Water and wastewater infrastructure to property line or demonstrate the ability to construct and pay for the infrastructure up to property line. Capacity clearly defined.

12 Requirements- Transporation  Transportation infrastructure to property line or demonstrate the ability to construct and pay for the infrastructure up to property line.

13 Requirements- Infrastructure  Electric infrastructure to property line or demonstrate the ability to construct and pay for the infrastructure up to property line. Capacity clearly identified.

14 Requirements- Infrastructure  Natural gas infrastructure to property line or demonstrate the ability to pay for the infrastructure up to the property line. Capacity clearly identified.

15 Requirements- Infrastructure  High speed communications infrastructure to property line or demonstrate the ability to construct and pay for infrastructure up to property line. Capacity clearly identified.

16 Sites and Buildings Database  Geographic information system (GIS)-based system.  Targeted to companies, site selection consultants and economic development professionals.  View available properties and search by square footage, use, cost and available infrastructure.  Corresponding demographic reports such as labor force, wages and consumer spending can be created directly from the site.  Local Economic Development Organizations maintain site information for their territory.  http://iedc.in.gov/assets/files/Docs/Data%20Resources/ LEDO/LEDO%20List%209%2010.pdf http://iedc.in.gov/assets/files/Docs/Data%20Resources/ LEDO/LEDO%20List%209%2010.pdf

17 Apply Now!  OCRA representatives will assist with application.  Accept applications throughout the year.  FASTeam reviews & approves applications.  http://iedc.in.gov/assets/files/Docs/Prgm s%20Initiatives/Shovel%20Ready/Curre nt_Shovel_Ready_App.pdf.

18 CONTACT: Office of Community and Rural Affairs One N. Capitol, Ste. 600 Indianapolis, IN 46204 www.ocra.in.gov


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