The Town of Morristown established the Redevelopment Commission to ensure redevelopment in underutilized areas with barriers to development that are in the best social and economic interest of the Town of Morristown and its residents. This is done through techniques that can include real estate acquisition, site preparation, and/or providing public infrastructure to the site. These techniques can be funded using Tax-Increment Financing (TIF) that will benefit all taxable property within the boundaries of the Economic Development Area. A primary focus is the enhancement of the economic vitality of the Town of Morristown, the expansion of the tax base, and the creation of new jobs within the Town of Morristown.

Missions & Objectives

• Collaboration and facilitation - the Town of Morristown Redevelopment Commission may take an active lead, be a partner, or be a participant with other agencies and entities to implement the goals and objectives of the Town of Morristown and the Shelby County Redevelopment Commission

• Establish, maintain and enhance community assets that attract business, industry, residents, workforce, and visitors.

• Provide the full range of high-quality infrastructure elements necessary to support business and industry growth, retention, and attraction.

In addition to the mission and objectives identified above, the plan is specifically designed to provide financing for transportation, fire protection, sewer, stormwater, water supply, property acquisition and/or development, and funding for future economic development projects and workforce training as defined in I.C. 36-7-14-12.2(a), I.C. 36-7-11.9-3, and I.C. 36-7-25-7, to foster the goals and objectives of the Area to promote the full potential of the economic development area.