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Economic Development

We know that local governments rely on their corporate tax base to build attractive communities. That’s why at Bingham McHale we leverage our extensive experience working in and with government entities as well as our knowledge of incentives and planning strategies to build and grow Indiana’s communities.

With a former corporation counsel for the City of Indianapolis and a previous Indianapolis Economic Development Commission executive on our team, we know the unique ins-and-outs of working with planning and redevelopment commissions. We also have a deep understanding of local government issues and a keen ability to delicately balance the diverse interests that exist between municipal and county officials. Our experience in municipal law, land use law, enterprise zones, Innkeeper’s taxes, funding for Brownfield remediation and Indiana tax incentives enables us to provide you with effective economic development solutions.

We also recognize that economic development is more than just the confusing alphabet soup characterized by its related acronyms. We know these are actually powerful keys to a city, town or county’s future:

  • CAGIT - County Adjusted Gross Income Tax
  • COIT - County Option Income Tax
  • CRED - Community Revitalization Enhancement Districts
  • CTP - Certified Technology Park
  • EDA - Economic Development Areas
  • EDIT - Economic Development Income Tax

Our perceptive attorneys offer counsel on a wide range of economic development strategies including:

  • Annexation
  • Design/build experience
  • Economic development bonds
  • Eminent domain
  • Environmental law issues
  • General obligation bonds
  • Impact fees
  • Industrial development bonds
  • Lease financing
  • Public-private partnerships
  • Real estate transactions
  • Revenue bonds
  • Special taxing district bonds
  • Tax abatement
  • Tax increment financing
  • Utility issues and expansion

We also partner with the firm’s subsidiary, Bingham Economic Development Advisors, for site location, negotiation and development matters. We offer a comprehensive package for planning and building your future in Indiana.

Contact: Hans Steck, hsteck@binghammchale.com

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Government
 

 

Attorneys

Joseph Champion
John R. Gregg
Andrew Gruber
Casey M. Holsapple
Roderick Morgan
Mary Solada
Hans Steck
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