Coats: Planned reservoir can’t rely on fed money

(Herald Bulletin photo, file)

ANDERSON, Ind. (AP) — U.S. Sen. Dan Coats says planners of a proposed central Indiana reservoir shouldn’t look to the federal government for help in financing the $450 million project.

The Indiana Republican said during a Thursday visit to Anderson that the Mounds Lake Reservoir’s proponents should “plan as if there weren’t federal funds available” for their proposal to dam the White River.

Rob Sparks of the Economic Development Corp. tells The Herald Bulletin local officials will seek federal grants and money to offset construction costs for the reservoir between Anderson and Muncie.

But Coats says projections indicate 93 percent of future federal revenues will go toward entitlement programs, leaving 7 percent for defense, health and education. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

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