FORT WAYNE, Ind. (WPTA21) - Fort Wayne Mayor Tom Henry's administration is responding to some of City Council's questions about the recent termination of the Electric Works economic development agreement.
Back in August, the City Development Commission canceled an agreement with the Electric Works developers RTM Ventures, putting the $280-million revitalization of the abandoned General Electric campus in major jeopardy.
RTM Ventures disputed the criticism that it couldn't line up private loans and other investments to get the project off the ground.
The developers felt blindsided and so did some council members, who produced a letter signed by eight of nine members, demanding an audience with representatives of Mayor Tom Henry's administration to see why the redevelopment commission decided to pull the plug.
The City Council on Tuesday backed an ordinance that will launch an investigation into the decision to withdraw public support from the Electric Works project.
Council members who supported the measure cited reasons ranging from the importance of the project to concerns with Mayor Tom Henry and his actions regarding Electric Works.
A letter dated Sept. 15 was sent to a majority of council members from Community Development Director Nancy Townsend.
You can read the full letter here: