MADISON COUNTY, Ind. - A proposed Madison County project could become central Indiana's newest reservoir.
The Mounds Lake Reservoir project would stretch from Anderson to Yorktown. The $400 million reservoir could provide billions of gallons of water for central Indiana, drawing on the White River for its supply.
Supporters said the reservoir would mitigate droughts and flooding. Opponents, including environmental groups, say the project would cause irreversible damage to the White River, forests and Mounds State Park.
The 2,100-acre lake would remove 270 mobile and modular homes, 80 houses and 80 businesses.
Some homeowners who will have to sell their property said it is a necessary project. David Schulte owns several rental properties close to the proposed lake’s dam.
"To me, it's going to be a boon for Madison County and for Anderson and the entire area. We're depressed and we need help. Yes, it's at a cost. Everything is," Schulte said.
Despite environmental concerns, some homeowners said they will support the project if they are given a fair price for their properties.
Brent Hagan is one of the reservoir’s biggest opponents. He has put protest signs along the nearby White River.
"Besides the fact I'll lose my home, my grandmother's been here since 1929 across the street from me. Nobody came down here and consulted us," Hagan said.
Madison County officials will hold a series of public meetings this week. If approved, the new reservoir is expected to be filled in seven years. Officials said no tax dollars will be used to finance the project.
More information on the public meetings here.
Follow Chris Proffitt on Twitter: @chrisproffitt
Police: Man exposed himself to Columbus woman
A Nashville, Ind., man was arrested Wednesday after he allegedly exposed himself to a woman in a Columbus parking lot.
Kokomo toddler dies from gunshot wound
A 9-month-old was pronounced dead Thursday after he was injured by a gunshot wound on Wednesday evening.
Megabus defends safety record in statement
This week, a passenger from the Megabus that crashed on I-65 this month spoke publicly for the first time about the event.
Memorial set for 1 of 7 found dead in Indiana
Relatives of a northern Indiana woman who was one of six women whose bodies were found last weekend in abandoned houses in Gary will gather…
Peru man, 70, found tied up, injured near field
Police were asking for the public's help to track down the person responsible for tying up and injuring a Peru man this week.
Arcadia council accepts marshal's resignation
The Arcadia Town Council accepted the resignation of Town Marshal William Hickrod after the fallout that stemmed from an attack on a…