The Vandalia City Council on Monday night approved a TIF agreement for a downtown building with some big plans by the soon-to-be owner. Haley Tompkins is the owner of Fine Lines by Haley in downtown Vandalia and talks about her plans for the 3 story building right across from the Vandalia Statehouse—the former Riedle Law Office Building.
The TIF Advisory Committee had earlier recommended for $50,869 in TIF funds for the project, or 25% of the total cost of the building purchase and renovations. During Monday’s meeting, Tompkins asked the City Council to consider giving her 50% of the cost of the project in TIF funds. Alderman Bret Brosman says he really likes the plan, especially the idea of bringing back the balcony to the building. But, he laid out some of his criteria for projects to get his “yes” vote for TIF funds.
The City Council approved the 25% that was recommended by the Advisory Committee. Tompkins talks about the timeline for her project.
The Council approved the matter by a 6 to 1 vote, with Brosman voting no and Alderman Andy Lester being absent from Monday night’s meeting.
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