RDC hosts public hearing on TIF District expansion

March 20, 2014 3:49 PM

Vincennes seal

By Sabrina Westfall

There was only one resident to comment during the Vincennes Redevelopment Commission public hearing on the TIF District Expansion.

RDC president Brad Dale said they have already approved the expansion of the TIF District to include Willow Street from 6th to Niblack. It is up to the Area Plan Commission and the Vincennes City Council to vote on the expansion.

“The ball is in their court,” Dale said at Thursday’s meeting.

Only one resident made comment during the public hearing, in which he pointed out Vincennes is 74th in the state when it comes to tax districts throughout the state. He mentioned this figure is out of about 1900 taxing districts in Indiana.

He also added it appeared to him that the assessed valuation of the TIF District was quickly approaching the overall assessed value of Vincennes.

RDC member Tim Smith stressed he looked over the figures closely for the TIF District Expansion, and it was a very small percentage of increase for the district’s assessed valuation.

In other business during the RDC regular session, Judy Thomann, with Bernadin, Lochmueller and Associates, Inc., said the Second Street Project is still on hold.

She explained the Indiana Department of Transportation (INDOT) has “revamped” the contract, and they are waiting on the final draft to be approved.

The RDC voted to donate $4,000 to the Vincennes Central Business District for a downtown beautification project.

A representative of the organization came to the RDC during the regular meeting to request financial help in the amount of $3,884.88 for a project that would upgrade the ongoing beautification project. This upgrade would include concrete planters filled with flowers on each corner from 10th to 1st streets in downtown Vincennes.

RDC member Marc McNeese said normally they award $3,500 to the VCBD for downtown projects, and made the motion to up it to $4,000 for this new project.

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