North Baltimore to Fund Rail Site Improvements
Village Council and Henry Township trustees have approved a plan to help pay for nearby improvements for the $80 million rail terminal CSX Transportation intends to build just west of North Baltimore.
The village and township agreed Tuesday night to create the Henry Township-Village of North Baltimore Joint Economic Development District, which will allow it to collect a 1 percent income tax from workers employed at the 500-acre CSX site during the construction of the intermodal hub.
The funds generated will be used to pay for roads, signage, and related projects. Construction is expected to begin early next year and take more than a year.