Following months of discussion and work, the Vandalia City Council approved new Tax Increment Financing guidelines. The council has held work sessions and also met with a TIF attorney to bring the city’s guidelines in Iine with state statute. Vandalia Mayor Rick Gottman informed the board that the TIF attorney was happy with the city’s new proposed guidelines.
City Administrator LaTisha Paslay did say there were just some minor language changes the attorney made to the final guidelines the city sent to her. Other than those small changes, the new guidelines were ready to be voted on and the council unanimously approved to put the new TIF guidelines in place.