JASPER, IN (WFIE) - The city of Jasper has come up with a way to pay for a new park on the Old Country Club Property without using tax-payer money.
Mayor Terry Seitz says city council has voted in favor of using over $1-million from the town's 'Rainy Day Fund' to buy property at the Old Country Club.
The recommendation to use part of the town's $2.6-million 'Rainy Day Fund' was made by the Jasper Redevelopment Commission.
Seitz says part of that land will be used to build a Central Park and that outlying properties will be sold in order to repay the fund.
However, Seitz says the plan won't move forward until it is approved by the Indiana Department of Local Government Finance, an action he says will be handled by the Clerk-Treasurer.
"She's hoping within the next 30 days, but there's no guarantee," says Seitz. "So while the action is active, there's no check being written today."
Seitz says he isn't sure when the new park could become a reality, adding that these are just the beginning stages of the process.