Indiana Senate approves Allen County-Fort Wayne capital board

Niki Kelly, The Journal Gazette

nkelly@jg.net

INDIANAPOLIS - The Indiana Senate voted 33-17 Wednesday to establish an Allen County-Fort Wayne capital improvement board and funnel tax dollars to it for economic development projects.

House Bill 1604 allows the newly named local improvement board to capture any revenue from the Allen County food-and-beverage tax that is not needed to pay down debt service on Memorial Coliseum - about $2 million starting in 2011.