Fort Wayne residents respond to Electric Works unclear future

There are many questions surrounding Electric Works after Tuesday night's City Council meeting regarding finances, and why the Redevelopment Commission is suggesting a new developer.

Posted: Sep 9, 2020 11:20 PM
Updated: Sep 10, 2020 4:19 PM

FORT WAYNE, Ind. (WFFT) - Some residents are asking for more transparency about the investment and why the Redevelopment Commission wants a new developer.

It's only been a year Betsy Buckner's been living in her home.

Buckner loves that Electric Works will be up the street, but she doesn't like that there isn't much certainty what will happen with it.

With the Economic Development Agreement terminated in August, and now the Redevelopment Commission saying they're no longer confident in the developer RTM Ventures, she wonders what exactly happened.

"What's happened should've been known to the public and kept known to the public the whole time, the whole situation, and not gotten to this point," Buckner added.

Fort Wayne resident Reyes Zamora wants to know what will happen with the money invested.

"We're spending a lot of taxpayers money. Some of that comes from us. If you start something, hopefully you would want to go through with it," Fort Wayne resident Reyes Zamora said.

City Spokesperson John Perlich said the overall public investment was going to be $65 million.

The Allen County Commissioners and the Allen County Fort Wayne Capital Improvement Board of Managers funded $3 million for the environmental clean up the former GE site.

City dollars for the project: $10 million in legacy funds and $3.5 million from local income taxes. 

Those funds were set aside, but were not spent due to the cancellation of the Economic Development Agreement.

The rest of the public funding would have come from a bond from the Capital Improvement Board Of Managers.

That money was not spent either.

Zamora is holding on to hope that everything will eventually work out.

"It will bring a lot more jobs. Hopefully, it will change our economy around," Zamora said.

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 306538

Reported Deaths: 5435
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Marion41953849
Lake26872453
Allen17621295
Elkhart16905219
St. Joseph16524223
Hamilton12696167
Vanderburgh9552115
Tippecanoe844927
Porter813785
Johnson6231165
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Monroe530349
Clark504077
Madison4858121
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Kosciusko455739
Howard334975
Warrick319572
Floyd311477
Bartholomew308462
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Marshall293744
Grant262949
Noble249846
Hancock246551
Boone240254
Henry240237
Dubois234631
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Jackson212633
Morgan204443
Gibson181725
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Shelby178254
Clinton177821
Lawrence174047
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Rush5317
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Pulaski37710
Martin3515
Benton3362
Brown3353
Crawford2881
Union2671
Switzerland2555
Warren2382
Ohio2307
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Ohio Coronavirus Cases

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Cases: 371840

Reported Deaths: 6100
CountyCasesDeaths
Franklin50231667
Cuyahoga36047741
Hamilton29931372
Montgomery20065228
Butler14769146
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Summit13388316
Stark8792197
Warren819175
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Lake682666
Lorain643499
Clermont577248
Delaware556436
Licking549276
Fairfield538464
Trumbull5305147
Greene522364
Clark511464
Allen465485
Marion465251
Wood4491107
Medina447756
Miami425867
Pickaway399348
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Tuscarawas328658
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Mercer289945
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Ross240759
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Putnam224749
Erie224266
Darke223559
Ashtabula223253
Geauga203351
Scioto195915
Union19118
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Lawrence189438
Athens18864
Seneca180018
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Madison158918
Sandusky154229
Preble152621
Huron152318
Defiance139522
Holmes139139
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Knox126318
Fulton124525
Washington121927
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Ottawa121130
Clinton106714
Williams10579
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Jefferson10124
Henry100023
Brown9925
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Jackson93112
Hardin91019
Fayette90317
Van Wert8976
Morrow8882
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Pike7451
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Paulding64611
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Carroll45710
Meigs39012
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Morgan2575
Vinton2195
Harrison2023
Unassigned00
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