39 North Conservancy District FAQs
What are the typical utility rates like? +
The majority of properties within the district are served by AEP for low cost electricity. Gas services in Indiana have been deregulated; we can choose from a wide variety of suppliers within the NIPSCO Choice Program.
When do the district bonds mature? +
The district's bonds are nearing maturity. At that time, the acreage fee will then be eliminated and our tax rate will be reduced.
What incentives are available? +
La Porte County is committed to economic development within the 39 North Conservancy District and has recently created a Tax Increment Financing (TIF) district to promote future growth and development. Also, The district waives hook-up fees for hotels.
Is the tax rate high? +
Due to a misconception that taxes are higher within the 39 North Conservancy District, the district hired Cender and Company to do a comparison with the tax rates of other business parks within Lake, Porter and LaPorte County areas. The comparison actually reveals that taxes are lowest in the 39…