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Three resolutions related to the Autocam Medical facility coming to Warsaw were approved by the Warsaw Redevelopment Commission Monday, along with the commission’s 2026 budgets.
On June 16, Autocam Medical announced plans to construct a 100,000-square-foot state-of-the-art manufacturing facility in the Warsaw Tech Park. The facility represents an investment of over $70 million in building and advanced manufacturing equipment, according to a news release provided then. The company currently employs 10 people at the Medtronic building, but is expected to create up to 300 high-skill jobs with the expansion.
The first resolution presented Monday by Warsaw Community and Economic Development Director Jeremy Skinner approved the economic development plan to establish a new allocation area.
“This would be associated with two things. One is the Autocam property, as well as the remaining property that’s not developed within the Tech Park,” he said. “So what does that mean? So, right now, both properties are in the Northern TIF district. All we are doing is resetting the timeframe on that as we start this Autocam project. So that time clock starts anew on that property and the remaining property in the Tech Park.”
The second resolution authorizes the final disposition of the property related to the Autocam Medical project. Skinner reminded the commission they did the first resolution at their last meeting, they did the required advertisement and no bids were received, which allows the commission to dispose of the property to Autocam Medical.
Skinner said the resolution allows the commission to dispose of the property, but they haven’t disposed of it yet. There needs to be a purchase agreement in place first. At the same time, Skinner said they’re in the process of creating a plat, which will go before the Warsaw Plan Commission for approval.
“We completed that legal process and now we can dispose of it. This, in and of itself, does not dispose of the property to Autocam. It just now allows us to dispose of that property. And we did that, not only for the acreage we’re going to dispose of to Autocam, but we did that for the main property in the Tech Park so that the next person coming in, we don’t have to keep going through this process,” Skinner explained.
The third and final resolution approved the form of economic development agreement between the commission and Autocam.
After all three of those resolutions were unanimously approved, Skinner went through the budgets, which were provided to the commission last month for their review. The commission gave their approval to all of them Monday, but the Warsaw Common Council must also approve them.
The Redevelopment Commission General budget for 2026 is planned for $293,730, which is less than the 2025 budget of $292,180.
The 2026 budget for the Redevelopment Northern TIF District, the commission’s largest TIF budget, is proposed at $6,451,058, an increase from 2025’s $6,189,285.
Skinner said all the bond issues come out of the Northern TIF budget, including $600,000 pledged to the sewage bond; Winona PVD bonds of $281,543 and $111,200 and $56,888; Thompson/Thrift (Kohl’s) bond, $120,154; Airport Industrial Park Bond, sewer expansion to the airport, $391,000; and Buffalo Street bond, $165,500.
“And then for next year, we have $600,000 in professional services; $5,000 in property acquisition; and ($3,700,000) in infrastructure projects,” Skinner stated.
Projects for next year, he continued, includes Anchorage Road going to bid later this year. Some of the money (about $1 million) will go toward the Millworks (old Owen’s) mixed-used development.
“We have a roundabout that’s under design at (CR 200), and we have the Airport park itself. Those are all the projects that we’re looking, and as each project comes to light and as we get closer to do, we’ll pull the trigger on those projects, depending on their timing. So that’s what that $4 million will potentially go toward next year. Anchorage Road being No. 1. I’m hoping that we’ll cover most of that this year, but any cost overruns that we encounter during that construction, we’ll have money in hand to cover that,” Skinner said.
Second will be the Millworks project, followed by the CR 200N and Husky Trail roundabout, and finally the Airport park.
The next budget was for the Warsaw Technology Park, which is budgeted at $650,000 for 2026, an increase of $200,000 over 2025.
The Redevelopment/TIF Winona Interurban budget for 2026 is planned at $75,000, just $10,000 more than the 2025 budget. Skinner said it generates the least amount of funds in the city’s TIF districts, but it’s hoped that will change.
The Marketplace TIF is budgeted at $152,272 for 2026, a slight increase over 2025’s $151,602. “The Marketplace TIF is purely a bond issue, so it’s money in, money out,” Skinner explained. “So as they pay taxes, we pay out taxes.”
The Northern Residential TIF budget will go from $545,000 in 2025 to $733,000 in 2026. Meanwhile, the Southern Residential TIF budget is going from $350,000 in 2025 to $400,000 in 2026.
“We’ve got a couple projects we’re working on associated with Park Ridge. Part of our agreement was to connect Park Ridge,” Skinner said, so a road is connected to CR 200 South. “And then the other project, I’m meeting with the school this week. I’m looking at doing some preliminary engineering on a trail or connection from Park Ridge down to Eisenhower (Elementary School) and a crossing into Eisenhower. I don’t know what that looks like. That’s what the study is going to explore, but I’d like to get that going this year.”
He said it was a high priority on his list.
Finally, the commission approved the July claims, which included $399.73, Indiana American Water; $57.07 and $53.54, NIPSCO; $55.11, The UPS Store; $19,019.34, Milestone Contractors LP; $125, Redevelopment Association of Indiana; $4,229, Barnes & Thornburg LLP; $3,000 and $1,000, Engineering Resources; $25, Kosciusko County Recorder; $10, Kosciusko County Auditor; $300, Kosciusko Development Inc.; and $42,000, Westhill Development.
